Chinese Stock Screening by Price Range, Amplitude, Market Value, and Profitability
Summary
This document outlines a Chinese stock screen combining daily amplitude above 1%, a share price of 18.5 yuan, market capitalization below 10 billion yuan, and a profitability condition. The stated aim is to find volatile, moderately priced, smaller companies with sound finances. It includes sample indicator and Python logic and suggests sorting candidates by trading value. The article further proposes considering industry conditions, broader fundamentals, circulating market value, and stop-loss and take-profit controls.
No backtest results or evidence of returns are presented. The text cautions that narrow screening rules may miss market and sector influences, and that financial reports can be unreliable. Its stated profitability condition is inconsistent: the prose describes companies without losses, while the displayed formula tests for negative net profit and the Python example excludes such companies. The screen's criteria therefore need clarification and verification before use.
Key ideas
- The proposed screen combines daily amplitude, an exact share price, a market-cap ceiling, and company profitability.\nThe article suggests adding industry, market-trend, and broader fundamental analysis.\nIt recommends considering circulating market value and risk controls such as stop-loss and take-profit rules.\nThe document gives no performance evidence and contradicts itself about the net-profit filter.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.