Chinese Stock Screen Combining Dividend Yield, Amplitude, and Turnover

Summary

This stock-selection proposal combines a price-range filter, a historical dividend-yield condition, and a turnover-related condition. The stated screen looks for stocks with amplitude above 1%, a 2019 dividend ratio above 25%, and a turnover measure between 0.5 and 2. It frames amplitude as a volatility measure, dividends as a fundamental signal, and turnover as an indicator of liquidity and price activity. The article includes example formulas and Python-style implementation references, but reports no selected stocks or measured strategy returns.

The post warns that market shocks, industry or company-specific exposure, and changing liquidity or risk appetite can undermine the screen. It also notes that analysis based on a past reference date cannot ensure future performance. The described turnover calculation and data fields are not fully clarified, and the proposal does not specify portfolio construction, rebalancing, transaction costs, or out-of-sample validation. It suggests adding valuation measures and tailoring risk controls, but provides no evidence that these changes improve results.

Key ideas

• The screen combines amplitude, a 2019 dividend condition, and a turnover range.
• Amplitude is used as a price-volatility filter, while turnover is intended to reflect liquidity and trading activity.
• The post supplies implementation examples but no performance results or validation.
• Market, sector, company, and liquidity risks may affect the selected stocks.

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