A Stock Screen for High Amplitude, Dividends, and Recent Limit-Up Moves

Summary

This stock selection idea combines three filters: daily amplitude above one, a dividend yield above 25% for 2019, and at least one limit-up move in the preceding 25 days. The accompanying examples calculate price range relative to the open, estimate the dividend condition from yield data, and identify a recent gain above roughly 9.8%. The post also suggests ranking qualifying names by turnover ratio.

The rationale is to pair short-term volatility and evidence of recent market attention with a high dividend measure. The article warns that this can chase short-term moves while overlooking company financial and operating conditions, and suggests adding valuation and technical measures. It supplies no performance results or validation. The examples are implementation references, and the dividend field, thresholds, and price-move rules should be checked against the relevant market, dates, and data definitions before any backtest or use.

Key ideas

• The screen combines high daily amplitude, a high 2019 dividend yield, and a recent limit-up event.
• A lookback of 25 days is used to detect whether a limit-up move occurred.
• The rationale links short-term volatility and market attention with dividend yield.
• The post identifies momentum-chasing and weak fundamental coverage as limitations.
• No backtest results are provided, and the sample rules require validation against data definitions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.