Screening A-Shares by Price Range, Turnover, and Beverage Imports

Summary

This note proposes screening Chinese stocks using price amplitude above 1%, prior-day actual turnover between 3% and 28%, and a connection to beverage and alcohol imports. It presents the combination as a way to consider price movement, trading activity, and industry context together. Example snippets illustrate screening price and turnover data and selecting companies associated with food and beverage industry data.

The article warns that focusing on one industry and relying on amplitude or turnover alone can produce noisy selections; it recommends adding price, volume, fundamental, and sector measures. It offers no backtest or evidence of returns. The examples also leave important definitions unclear: the turnover calculation appears to use volume ratios, and the import data selection does not clearly map industry-level trade figures to individual stocks. The screen therefore needs data and logic validation before it can be meaningfully evaluated.

Key ideas

• The proposed screen combines amplitude above 1%, prior-day turnover from 3% to 28%, and a beverage import-related industry filter.
• The article presents price activity, trading activity, and industry context as complementary selection dimensions.
• It cautions that a single-industry focus and technical filters can produce arbitrary or risky selections.
• The code examples do not clearly establish how industry import data identifies individual stocks, and no performance evidence is given.

Tags

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