Chinese Stock Screening by Amplitude, Price, and Company or Industry Type
Summary
This document outlines a Chinese equity screen using three conditions: amplitude above 1, a closing price below 20, and a selected company or industry category. Its example implements the category filter with a pharmaceutical industry label and proposes sorting eligible stocks by trading volume. The discussion presents these filters as a way to combine price movement with a business or industry characteristic.
No backtest, return comparison, or other performance evidence is provided. The document cautions that company or industry classification alone may be an unreliable selection basis and can leave industry outlook and company fundamentals unexamined. It recommends considering those factors alongside other fundamental and technical measures, such as volume, and applying risk controls. The stated category concept and example filter are not fully aligned: the example uses an industry designation, while the discussion refers more broadly to company nature. The approach is therefore a screening sketch, not a tested investment method.
Key ideas
- The proposed screen combines amplitude above 1, closing price below 20, and a company or industry category.
- The example uses a pharmaceutical industry filter and sorts qualifying stocks by trading volume.
- The document provides no evidence that the screen improves returns.
- Relying on company type may overlook industry prospects and company fundamentals.
- It suggests combining additional fundamental and technical measures with risk controls.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.