Screening Beverage and Alcohol Stocks by Turnover and Holder Concentration

Summary

This Chinese-market stock screen combines a beverage and alcohol industry filter with a turnover range of 3% to 12% and a holder-concentration condition described as below 20%. The article presents the criteria as a way to narrow candidates, then gives example implementations using platform indicator formulas and Python data from Tushare. The Python example also filters for recent financial records and a market capitalization threshold, and ranks the remaining names by size.

The post provides no backtest, selected-stock results, or evidence that these filters predict returns. It warns that the criteria are restrictive and omit other relevant company and market information, and suggests incorporating product quality, brand strength, and additional ranking factors. The stated conditions and implementation details are not fully aligned, so the screen would need careful definition and validation before use.

Key ideas

• The proposed screen combines beverage and alcohol industry membership with turnover between 3% and 12%.
• It applies a holder-concentration threshold below 20% and describes optional financial-history and market-cap filters.
• The article supplies example platform formulas and a Tushare-based implementation, but no performance evidence.
• The post cautions that the filters are narrow and should be supplemented with broader company analysis.

Tags

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