Chinese Stock Screening by Turnover, Float Size, and KDJ K

Summary

This Chinese stock-selection example screens for turnover between 3% and 12%, circulating market capitalization from 1 to 55 hundred million yuan, and a KDJ K value below 20. It presents the criteria as a way to select stocks, then gives example expressions for a screening platform and Python. The sample code also shows possible additions: positive PE, PB, PEG, and profit measures, moving averages, MACD values, and a stop level set at 90% of the closing price.

The article characterizes the screen as relying mainly on fundamental-style filters, although turnover and KDJ are market indicators, and says technical factors could be added. It provides no backtest, selection-date details, universe definition, or evidence of returns or risk. The examples describe a screening recipe rather than a validated strategy; the suggested extra filters and stop level are not supported by reported results.

Key ideas

• The screen combines a 3% to 12% turnover range, a circulating market capitalization range, and KDJ K below 20.
• The article gives both platform-specific and Python examples of the filters.
• It suggests adding valuation and profitability filters, moving averages, and MACD calculations.
• The sample stop level is set at 90% of the closing price.
• No backtest or performance evidence is reported, and the article notes that the screen may omit relevant market factors.

Tags

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