Chinese Robotics Stock Screen for Intraday Declines and Small Float Value

Summary

This proposed Chinese equity screen combines a price-range threshold, robotics-sector membership, a float-market-value ceiling of 10 billion yuan, and a daily decline between 4% and 5%. The post presents the setup as a way to identify active, relatively small robotics stocks after a sharp same-day drop. It also sketches how the conditions might be expressed in a charting formula or assembled from stock and daily-price data.

The material offers a rule description and implementation examples, but no historical test or evidence that the screen predicts a rebound or produces attractive returns. The author cautions that a large daily fall may reflect company-specific news, and that sector theme, small size, and past price range do not establish future quality. The sample implementation describes the daily change using close versus open, which is not necessarily the same as the day's maximum decline named in the selection rule. Suggested refinements include adding financial and valuation measures and weighing trading volume or daily gains alongside the decline.

Key ideas

• The screen targets robotics-related shares with float value below 10 billion yuan.
• It combines amplitude above 1% with a daily decline between 4% and 5%.
• A sharp daily loss may result from a one-off event and does not by itself signal value.
• The post provides example logic but no backtest or performance evidence.

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