Chinese Stock Screening with Volatility, Control, Weekly MACD, and Value Filters

Summary

This Chinese stock selection post combines daily price amplitude, a measure of shareholder control activity, and weekly MACD conditions. Its final screening logic also adds valuation and dividend filters: price-to-book must be below the market’s first quartile, while dividend yield must be above it. The post gives example indicator formulas and Python-style pseudocode for applying the conditions and ranking selected stocks by recent price change.

The author presents the combination as a way to find volatile, popular stocks with an established longer-term trend and attractive valuation and yield characteristics. No backtest results or performance statistics are provided. The post cautions that sentiment and technical indicators can distract from fundamentals, that a weekly trend measure may not suit short holding periods, and that technical signals can produce errors. It suggests adding industry or fundamental measures, matching the time horizon to the strategy, considering short-term signals, and applying judgment. The examples are references requiring adaptation; they do not establish that the filters are reliable or profitable.

Key ideas

• The screen combines daily amplitude and shareholder control activity with weekly MACD trend conditions.
• The final logic adds below-market-quartile price-to-book and above-market-quartile dividend yield filters.
• The post provides formula and pseudocode examples but reports no backtest evidence.
• The author identifies time-horizon mismatch, indicator dependence, and neglect of fundamentals as risks.

Tags

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