Robot-Themed Small-Cap Screen Using Amplitude and Trading Value

Summary

This Chinese equities screening proposal selects robot-concept stocks with daily amplitude above 1%, circulating market value below 10 billion, and prior-day trading value above 60 million. It frames amplitude as a measure of price movement, the concept label as a potential growth theme, and trading value as a sign of market attention. The document includes example formula and Python-style implementation references, then proposes considering sector direction, fundamentals, capital flows, and risk controls.

The screen combines a volatility-like price condition, a thematic classification, a size constraint, and a liquidity or attention threshold. It supplies no backtest, return series, or evidence that these filters identify profitable stocks. The text itself notes risks from short-term focus, incomplete fundamental analysis, and the subjective choice of trading-value threshold. The listed screening logic is therefore a starting hypothesis, not a validated strategy, and would need precise data definitions and testing before use.

Key ideas

• The proposed screen requires daily amplitude above 1%, a robot concept label, market value below 10 billion, and prior-day turnover above 60 million.
• The selection logic combines price movement, a thematic growth exposure, a small-cap filter, and a trading-activity threshold.
• Suggested refinements include examining sector conditions, fundamentals, and capital flows alongside the screening variables.
• The document reports no backtest results or evidence of profitability.
• Threshold choices and short-term focus create risks that screening conditions alone do not address.

Tags

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