Chinese Equity Screen Using Price Range, Listing Age, and Float Value

Summary

The post presents a Chinese stock-selection screen using three stated criteria: price amplitude above a threshold, more than one year since listing, and circulating market value between 5 billion and 10 billion yuan. It motivates the filters as a way to find active, relatively established stocks of moderate size, while acknowledging that price behavior, listing age, and market value alone leave out company fundamentals and broader market conditions. It recommends combining the screen with valuation and fundamental measures and using stop-loss and position controls.

The accompanying Python example does not clearly implement the stated screen. It restricts the universe to Shanghai-listed codes, skips certain listings, checks recent daily data, and filters using a cumulative price-change condition and circulating value; it does not visibly test the stated amplitude or listing-age rules. No performance results or backtest design are supplied. The prose presents a selection idea, but the mismatch and missing evidence mean its investment value cannot be established from this page.

Key ideas

• The stated screen combines price amplitude, listing age, and circulating market value.
• The post recommends adding fundamental and valuation analysis to the filters.
• It identifies omissions such as company fundamentals and market conditions as risks.
• The sample implementation’s filters do not clearly match all the stated selection criteria.
• The page provides no reported performance evidence for the screen.

Tags

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