Combining Turnover, a KDJ Golden Cross, and Dividend History
Summary
This Chinese stock screen combines a turnover rate from 3% through 12%, a newly formed KDJ golden cross, a 2019 dividend ratio above 25%, and a minimum market value above 1 billion yuan. The article describes turnover as a liquidity filter, the KDJ crossover as a directional signal, and the dividend condition as a way to favor stocks with substantial past distributions. It includes formula references and a Python example intended to select qualifying A shares.
No backtest results, sample selections, or return measurements are reported, so the post does not establish that these conditions have predictive value. Its discussion notes that the screen omits many fundamental and industry characteristics, and that earlier dividend policy may not persist. It suggests considering valuation, profitability, margins, moving averages, and sector trends. The examples do not fully explain how the crossover and turnover conditions are measured or how historical data and reporting dates are handled, which limits reproducibility.
Key ideas
- The proposed screen uses turnover between 3% and 12%, inclusive.
- It requires a newly formed KDJ golden cross and a 2019 dividend ratio above 25%.
- The final rule also imposes a market-value floor above 1 billion yuan.
- The article provides implementation examples but no evidence from testing or live performance.
- Past dividends may change, and the screen omits broader company and industry information.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.