Chinese Stock Screening with Turnover, Profit Growth, and a 10-Day Average

Summary

This stock screen combines turnover between 3% and 12%, year-over-year growth in net profit attributable to the parent company of more than 20% and at most 100%, and an opening price above the 10-day moving average but no more than 3% above it. The document includes example indicator logic and a Python outline intended to retrieve stock, profit, and price data, calculate the moving average, and filter candidates. It does not report a backtest methodology, sample, or measured performance; a claim of empirical effectiveness is not accompanied by supporting evidence.

The author identifies the opening-price condition as subjective and potentially stale as markets move, and notes that manipulation may distort the signal. MACD and KDJ are suggested as additional indicators, with a caution that extra signals can introduce noise. The example implementation also leaves important details unclear, including data-field consistency, date handling, and whether the profit growth figure is point-in-time safe. The screen is therefore a simple proposal, not a demonstrated trading system.

Key ideas

• The screen limits turnover to the 3%–12% range.\nIt requires parent-attributable net profit growth above 20% and no greater than 100%.\nThe opening price must lie above the 10-day average and within 3% of it.\nThe document provides example indicator and Python screening logic but no quantified performance evidence.\nThe author warns that the price condition is subjective and may become stale.

Tags

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