Screening Beverage and Alcohol Stocks by Turnover and Listing Age

Summary

This equity screen selects companies associated with beverage and alcohol imports or exports, turnover between 3% and 12%, and a listing age above a chosen threshold. The document gives both platform-style selection conditions and a Python outline, with listing age represented as days since listing. It presents sector, trading activity, and time since listing as the screen's main dimensions.

No rationale is given for the specific turnover bounds or the chosen age threshold, and no backtest or returns are reported. The article acknowledges that the screen omits company fundamentals and financial data, and suggests adding measures such as valuation ratios. The example code uses a fixed historical trading date for some data queries and leaves thresholds as inputs, so it is an illustration rather than a fully specified, time-consistent research process. It does not establish that the filtered stocks have superior risk-adjusted returns.

Key ideas

• The screen targets beverage and alcohol related stocks using sector membership, turnover, and listing age.
• Turnover is bounded between 3% and 12%, while the minimum listing age remains a configurable threshold.
• The example code illustrates the filter but uses a fixed date for some market data.
• The document provides no rationale, backtest, or return evidence for the thresholds.
• It notes that fundamentals and financial data are absent and suggests adding them.

Tags

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