Chinese Stock Screening by Opening Move, Turnover, and Volume Ratio

Summary

This stock screener ranks shares by volume ratio and filters for an opening gain below 6% at 9:25. The post first gives a turnover range above 2% and below 9%, then proposes a revised range above 5% and below 10%. It presents the combination as a way to find actively traded stocks while excluding the largest opening moves.

The post offers a rationale and suggests adding technical and fundamental filters, but reports no backtest, performance results, or validation. It warns that turnover and opening gains can shift with market sentiment and fund flows, and that historical screening conditions cannot reliably predict future performance. The changing turnover bounds also leave the intended final rule ambiguous.

Key ideas

• The screen ranks stocks by volume ratio from highest to lowest.
• It filters for a 9:25 opening gain below 6%.
• The post gives two different turnover ranges, first above 2% and below 9%, then above 5% and below 10%.
• The author suggests adding technical and fundamental criteria, but provides no performance evidence.

Tags

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