Combining a Short-Long Moving Average Filter, Dividend Yield, and Fund Strength

Summary

This stock-screening idea ranks shares by a fund-strength measure, then filters for a dividend ratio above the stated threshold for 2019 and a 20-day moving average above the 120-day average. The page describes fund strength as potentially drawing on measures such as turnover value, turnover rate, and relative volume. It interprets the moving-average condition as a short-term trend stronger than the longer-term trend, while the dividend screen is intended to favor higher distributions.

The source flags several limitations: fund-strength measures can be misleading or manipulated, a high dividend ratio does not ensure returns, and a short-term trend filter can precede a pullback. It suggests adding financial and technical measures, but provides no complete calculation for its fund-strength score, backtest methodology, or performance evidence. The 2019 dividend criterion is tied to a specific historical period, so the page does not establish that the screen remains current or effective.

Key ideas

• The screen ranks stocks by a fund-strength measure and applies dividend and moving-average filters.
• The moving-average condition compares a 20-day average with a 120-day average.
• The source cautions that fund-flow measures can mislead and dividends do not guarantee returns.
• A short-term trend filter may be exposed to pullbacks.
• The page does not provide validated performance results or a complete fund-strength calculation.

Tags

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