Chinese Stock Screen Using Price Range, K-Line, and Float Market Capitalization

Summary

This screening proposal selects Chinese stocks using three conditions: amplitude above a stated threshold, a K-line-related value below a threshold, and circulating market capitalization within a specified band. The text presents the market-cap range as 5–10 billion yuan. It describes the intended focus as moderately sized stocks with larger price fluctuations, which may be useful when building a screening universe.

The document cautions that technical and historical data alone omit broader market risk and company fundamentals. It suggests adding valuation and profitability measures and adjusting market-cap bands for industries or market conditions. Formula and Python-style examples are included, but the K-line condition is not clearly defined and the examples contain inconsistent variable references. No backtest or evidence of returns is reported, so the selection logic should be treated as an incomplete heuristic rather than a validated strategy.

Key ideas

• The screen combines a price-amplitude threshold, a K-line condition, and a circulating-market-cap band.
• The stated market-cap band is 5–10 billion yuan.
• The proposal targets stocks with relatively large price fluctuations and medium-sized float capitalization.
• The document warns that technical filters omit fundamentals and broader market risks.
• The K-line rule is ambiguous, and no backtest evidence is provided.

Tags

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