Chinese Stock Screening with Turnover, Price Gains, and a Rising Average

Summary

The document describes a Chinese equity screening rule that selects stocks with turnover between 3% and 12%, positive 10-day gains below 35%, and a rising 30-day moving average. It presents the conditions as a way to combine trading activity with short-term performance and a broader price trend. A separate formula example and Python reference illustrate implementing a related screen and ranking matches by their distance above the moving average.

The examples are not fully consistent with the stated rule: the formula and Python sketch do not clearly enforce the 10-day gain range, and the Python snippet uses a single date while requesting multiple days of history. The document offers no backtest, performance evidence, or detailed transaction-cost analysis. It cautions that the filter may overlook market conditions and company fundamentals, and suggests combining price and volume signals with fundamental research before relying on it.

Key ideas

• The screen combines a turnover range with positive but bounded recent gains and a rising 30-day average.
• The stated conditions aim to capture active stocks with upward price behavior.
• The implementation examples do not clearly match every condition in the written rule.
• The document provides no measured results and recommends considering fundamentals and other evidence.

Tags

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