Screen Beverage and Alcohol Stocks by Turnover and Rising DEA

Summary

This Chinese equity screening example selects stocks associated with beverage and alcohol imports or exports, turnover from 3% to 12%, and a rising DEA line. The post describes DEA as a MACD-related technical measure and supplies formula references for sector membership, turnover, and a multi-period increase in DEA. It also includes a Python sketch that filters turnover and industry labels, though the code does not clearly implement every condition described in the screening logic.

The post offers no backtest results, comparison group, or evidence that the filters improve returns. It notes that the screen excludes financial and other fundamental information, and suggests valuation measures as possible additions. Sector classification and data-source definitions may affect which stocks qualify, while a rising DEA signal alone does not establish a profitable trade. The example is best read as a screen specification, not as a tested investment strategy.

Key ideas

• The screen combines a beverage and alcohol sector filter with turnover between 3% and 12%.
• It requires DEA to rise across successive observations as a technical momentum condition.
• Formula references and a Python sketch are included, but the sketch may not implement every stated filter.
• The post gives no backtest evidence or portfolio and execution rules.
• Fundamental factors are omitted, and sector and data definitions may affect selection.

Tags

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