Combining Fund Flow, Dividend Payout, and Limit-Up History in a Stock Screen

Summary

The proposed equity screen orders stocks by capital-flow strength and requires a dividend payout ratio above 25% in 2019, along with at least two limit-up sessions during a 500-day lookback. The article presents these conditions as signs of market attention, shareholder distributions, and prior strong price moves. It recommends considering additional filters such as market capitalization, valuation, and longer-term performance.

The document supplies only a qualitative rationale and a partial Python example for retrieving fundamental and price data. The code is truncated, and it does not fully implement or validate the stated filters. No backtest results, risk-adjusted returns, comparison group, or evidence of predictive value are reported. The article itself cautions that reliance on past short-term price behavior may fail to capture a durable trend, and that the resulting stocks may not fit an investor’s risk tolerance or objectives.

Key ideas

• The screen combines capital-flow strength, a 2019 dividend payout threshold, and repeated limit-up events over a historical window.
• The article interprets the filters as measures of investor attention, shareholder returns, and past price strength.
• It suggests adding valuation, market-size, and longer-term performance measures.
• The provided code is incomplete, and the article reports no backtest or performance evidence.

Tags

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