A Stock-Screening Rule Using Turnover, Prior-Day Leaderboard, and Capital Flow
Summary
This Chinese-language post outlines an equity selection rule that screens for stocks with turnover between 3% and 12%, inclusion on the previous day’s trading leaderboard, and then ranks qualifying names by capital-flow strength from highest to lowest. It presents the rule as a way to combine trading activity, leaderboard status, and money-flow information. A sample indicator expression also references a 60-period price-range position, though the prose’s final screening criteria do not clearly include that condition. The accompanying Python example filters by turnover and leaderboard flag, then sorts by capital flow.
The post warns that the screen omits company fundamentals and broader market risks, and suggests combining technical and flow signals with fundamental research and relevant news analysis. It supplies no backtest, return series, risk statistics, or evidence that the rule predicts performance. The selection thresholds and data fields are platform-specific, and the discrepancy around the range-position expression means users should verify the intended implementation before relying on it.
Key ideas
- The screen selects stocks with turnover within a stated 3% to 12% range and a prior-day leaderboard flag.
- Qualifying stocks are ordered by capital-flow strength.
- A sample formula also refers to price location within a 60-period high-low range.
- The post cautions that technical and flow criteria do not replace fundamental research or market-risk analysis.
- No backtest or performance evidence is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.