Robot-Themed Small-Cap Stocks with Rising DEA and Moderate Turnover

Summary

This Chinese equity screen combines three filters: turnover between 3% and 12%, a rising DEA condition, and membership in the robot concept, with circulating market value below 10 billion yuan. The stated rationale is to capture active but not extreme trading, an improving trend signal, and smaller companies in a topical industry. The indicator formula describes a relationship between moving averages and their signal line, while the selection rule also excludes suspended and newly listed stocks.

The document supplies formulas and a short code example, but no backtest, portfolio rules, or evidence that the criteria identify undervalued companies or future growth. It acknowledges that the method may omit larger companies and that themed stocks can be mispriced. Its main suggested improvement is to add fundamental analysis, reducing reliance on the industry theme. Turnover and trend filters can also change rapidly, so the screen alone does not establish an entry, exit, or risk-management plan.

Key ideas

• The screen requires turnover from 3% through 12% and a rising DEA condition.
• It limits candidates to robot-themed stocks with circulating market value below 10 billion yuan.
• The selection rule excludes suspended and newly listed shares.
• The document provides formulas and example code but no performance evidence or trading plan.
• It warns that thematic exposure can misprice companies and suggests adding fundamental analysis.

Tags

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