Chinese Beverage and Alcohol Stocks with Turnover and Weekly Trend Filters

Summary

This stock-screening proposal combines several filters: turnover between 3% and 12%, an industry connection to beverage and alcohol imports or exports, and a weekly price crossing above a 30-week moving average. A later version adds valuation and profitability proxies, using price-to-book at or below 2 and price-to-earnings at or below 20, and excludes special-treatment stocks. The post presents the screen as combining industry, liquidity, technical, and valuation criteria.

The accompanying Python example illustrates a rough data workflow using listed-company information, weekly bars, and daily turnover data. However, its implementation does not fully match the stated screen: it tests price above a moving average rather than a crossing event, uses volume-related calculations in addition to price, and the shown code does not clearly implement the turnover-average condition. The article supplies no backtest results or evidence of profitability, and explicitly notes that company fundamentals and competitive position need further assessment. The screen is a candidate-generation rule, not a validated strategy.

Key ideas

• The proposed screen combines a 3% to 12% turnover range with a beverage and alcohol industry filter.
• A weekly price cross above the 30-week moving average is the stated technical condition.
• The final screen adds price-to-book and price-to-earnings thresholds as valuation filters.
• The example implementation differs from parts of the written screen, including its crossing condition.
• The document provides no performance results and notes that broader company fundamentals remain relevant.

Tags

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