Combining Stock Amplitude, Dividend Yield, and Position Changes in a Screen

Summary

This Chinese-language post describes a stock screen that combines daily price amplitude, a historical dividend measure, and the day’s change in reported holdings. The rationale is to pair stocks with noticeable price movement and a high dividend measure with names attracting increased market attention. It also suggests adding technical indicators, valuation and earnings data, and industry or concept information to broaden the selection process.

The post warns that reliance on a daily position-change measure may favor short-lived market themes and says the screen may miss longer-term opportunities. It provides example formulas and data retrieval snippets, but does not present a backtest, portfolio rules, transaction-cost analysis, or evidence that the proposed combination predicts returns. The dividend input refers to a specific past year, and the post’s explanation does not establish how the measures should be normalized, ranked, or handled when data are missing. Its selection rationale should therefore be read as a screening proposal rather than demonstrated strategy performance.

Key ideas

• The proposed screen combines price amplitude, a past-year dividend measure, and a daily holdings-change measure.
• The author interprets amplitude as a volatility filter and increased holdings as a sign of market interest.
• The post recommends adding technical, fundamental, and industry information for broader screening.
• Its warning identifies short-term crowding and weak coverage of longer-term opportunities as limitations.
• The post supplies no backtest evidence for the screen’s performance.

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