Chinese Stock Screen Using Amplitude, Large-Order Flow, and Turnover
Summary
This Chinese equity screening idea combines three filters: price amplitude above a threshold, large-order net volume above a threshold for at least three consecutive sessions, and turnover within a specified range. The proposed rationale is to find volatile stocks with sustained large-order activity and sufficient trading activity. The article also gives formula-style screening conditions and a Python illustration, though the code is presented as a reference rather than a complete, ready-to-run implementation.
The document offers no backtest, sample of selected stocks, or performance evidence. Its formula uses the absolute value of large-order net volume, so it screens for magnitude and does not require net buying; that distinction weakens the article's positive-flow interpretation. The author also notes that the screen omits company fundamentals and valuation, and suggests combining technical filters with financial measures. The conditions alone do not demonstrate investment merit or account for execution and risk.
Key ideas
- The screen combines price amplitude, several days of large-order net-volume magnitude, and a turnover range.
- Using absolute net volume includes both positive and negative flows, despite the stated positive-flow rationale.
- The article provides no performance evidence and flags the omission of fundamentals and valuation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.