Screen Chinese Stocks by Turnover, Float Value, and Rising DEA

Summary

This Chinese stock selection example screens for shares with turnover between 3% and 12%, a circulating market value between 5 billion and 10 billion yuan, and a rising DEA line. The stated rationale is to combine an upward-moving MACD component with turnover and float-value filters intended to constrain the candidate set by trading activity and size. The post includes a formula reference and a Python sketch, while noting that data-source field names and indicator settings may differ.

No backtest results, benchmark, portfolio construction rules, or trading schedule are supplied. The author warns that the screen omits company financials and fundamentals, and that technical signals may be affected by noise or market sentiment. The post suggests adding technical and financial measures, but does not evaluate whether those additions improve performance. It should be treated as a screening idea rather than a validated strategy.

Key ideas

• The screen selects stocks with turnover from 3% to 12% and circulating value from 5 billion to 10 billion yuan.
• Candidates must also have a rising DEA measure, described as part of MACD analysis.
• The post provides formula and Python references, with a caveat that data fields and indicator parameters can vary.
• It does not report backtests or specify portfolio construction and execution rules.
• The screen omits fundamentals and may be exposed to noisy technical signals.

Tags

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