Robot-Themed Small-Cap Stock Screening by Turnover and Float

Summary

This Chinese stock-screening note proposes selecting shares associated with the robotics concept, with turnover between 3% and 12%, free-float market capitalization below 10 billion yuan, and circulating shares no greater than 5.5 billion. It adds a float-size constraint to a prior screen and suggests sorting eligible stocks by turnover. The note frames the filters as a way to seek active, tradable stocks in a targeted industry theme.

The article includes example screening logic and a Python sketch, but the implementation does not consistently match the stated rule: its turnover bounds differ from the headline, and its handling of float and market-value data may not represent the intended measures. No backtest results or portfolio performance are supplied. The author also cautions that the screen omits valuation, governance, and other company fundamentals, and suggests adding measures such as earnings multiples, dividends, or book value. The criteria describe a candidate universe, not a complete trading or risk-management strategy.

Key ideas

• The proposed universe combines a robotics theme with turnover, free-float market value, and circulating-share limits.
• The stated turnover range is 3% to 12%, with free-float market value below 10 billion yuan.
• The note suggests ranking qualifying stocks by turnover.
• Its sample code uses turnover bounds that differ from the stated screen.
• The document provides no performance evidence and warns that important fundamentals are omitted.

Tags

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