Five- and 120-Day Moving Average Crossovers on Chinese Stocks

Summary

This event-style strategy applies a dual moving average crossover to five named Chinese equities: Kweichow Moutai, China Mobile, ICBC, PetroChina, and Ping An Bank. It calculates both averages from daily opening prices, using a five-day average as the short measure and a 120-day average as the long measure. A short average crossing above the long average triggers a buy, while a downward cross triggers a sale.

The listing specifies daily stock-bar data, an initial capital allocation of 500,000, and a backtest beginning January 1, 2020 and running through the current date described in the source. It says trades buy at the open and sell at the close. Although the page labels this a multi-stock strategy and refers to a backtest chart, the provided text gives no performance figures, benchmark, transaction costs, position allocation rules, or detailed code. The crossover is therefore a basic trend-following example, and the listing alone does not establish whether it is profitable or robust.

Key ideas

• The strategy compares five-day and 120-day moving averages of opening prices.
• It buys when the short average crosses above the long average and sells on the reverse cross.
• The listed universe contains five large Chinese companies.
• The source specifies open purchases, close sales, and a backtest starting in 2020.
• The supplied description omits performance statistics, costs, and portfolio allocation details.

Tags

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