Robot-Theme Equity Screen Using Turnover and Float Market Capitalization

Summary

This post proposes selecting mainland Chinese main-board stocks associated with robotics, with turnover between 3% and 12%, float market capitalization below 10 billion yuan, and prior-day actual turnover between 3% and 28%. It treats turnover as a rough indicator of trading interest and recent market sentiment. The accompanying sample code also adds conditions beyond the stated core screen, including a price above its long-term moving average and rising holdings among major shareholders across reported periods.

The post warns that recent turnover can reflect short-lived sentiment rather than business quality or long-term value, and that a screen based on few dimensions may miss financial strength and industry prospects. It recommends incorporating fundamental and sector research. No performance results, benchmark, or testing methodology is supplied. The selection rules and code therefore describe a candidate screening approach rather than demonstrated evidence of profitable returns; the additional code filters may also produce a materially different set of stocks from the headline criteria.

Key ideas

• The proposed universe is main-board stocks tagged with the robotics concept.
• The headline screen uses turnover bands and a float market-capitalization ceiling.
• The post interprets turnover as a measure of trading interest and recent sentiment.
• Its sample code adds a long-term moving-average filter and rising major-holder positions.
• The post cautions that turnover does not measure fundamentals and gives no performance test.

Tags

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