Equity Screen for High Amplitude, Strong Dividends, and No Prior-Day Limit-Up

Summary

This Chinese-language post proposes screening stocks for amplitude above a threshold, a dividend payout ratio above 25% in 2019, and no limit-up move on the previous day. The stated rationale is to find volatile shares with a history of substantial dividends while avoiding names recently affected by short-term market enthusiasm. Its sample implementation also applies filters involving valuation, company size, and available price history, so the code example does not cleanly correspond to the headline screen.

The author notes that excluding prior-day limit-up stocks may miss strong momentum, and that the stated filters do not fully assess a company's earnings capacity or prospects. Suggested improvements include diversification, profit protection, and adding technical and fundamental measures. The post offers no backtest or performance results, and its dividend criterion refers to a historical year, limiting its direct relevance as a current signal.

Key ideas

• The headline screen combines high amplitude, a historical dividend payout threshold, and exclusion of prior-day limit-up stocks.
• The post associates the dividend filter with business stability and the limit-up exclusion with avoiding recent market excitement.
• Excluding recent limit-up stocks can omit shares with strong price momentum.
• The example implementation adds size and valuation filters beyond the headline conditions.
• The screen has no reported performance test, and its dividend data refers to a past year.

Tags

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