Screening Beverage and Alcohol Stocks with RSI and Float Value

Summary

This note outlines an equity screen for companies associated with beverage or alcohol imports and exports. It selects stocks with RSI below 65 and a circulating market value between 5 billion and 10 billion yuan, then uses the company’s business area as an industry filter. The text describes RSI as a short-term overbought or oversold measure and market value as a way to constrain company size. It also includes an illustrative screening approach, though the data fields and calculations would need verification against a reliable source.

The author cautions that the screen uses few inputs, RSI signals can lag, and sector competition or external conditions may affect results. Suggested refinements include adding valuation and profitability measures, price and volume information, broader market conditions, and comparisons across related businesses. No backtest, holdings, or return evidence is provided, so the selection rules should be treated as a hypothesis rather than a demonstrated strategy.

Key ideas

• The proposed screen combines RSI below 65, a specified circulating market value range, and a beverage or alcohol business filter.
• RSI is presented as a short-term technical measure, while market value and business focus add size and sector criteria.
• The note warns that RSI may lag and that industry conditions can affect selected stocks.
• It offers no performance test and recommends adding financial, price, volume, and market context.

Tags

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