Screening Beverage and Alcohol Stocks with Turnover and Large-Order Flow

Summary

This stock selection note combines an industry filter for beverage and alcohol related shares with a turnover range of 3% to 12%. It further requires the product of price change and net large-order flow to exceed 1. The stated rationale is to combine trading activity, industry membership, price movement, and a measure of large order buying versus selling. Formula and Python examples are included to illustrate the intended selection process, using daily price changes, order flow fields, and industry data.

The note acknowledges that this screen considers market and technical signals without assessing company fundamentals, competitive position, or broader industry prospects. It recommends adding financial and industry measures for a more complete assessment. No backtest or realized strategy evidence is given. The formula examples also use different expressions and data handling details, so the exact definitions of price change, turnover, and large-order net flow should be verified before treating the rule as reproducible.

Key ideas

• The screen focuses on beverage and alcohol related stocks with turnover between 3% and 12%.
• It requires price change multiplied by net large-order flow to exceed 1.
• The rule combines industry membership, trading activity, price movement, and order flow.
• The note warns that fundamentals and competitive strength are not included.
• The examples do not provide performance evidence and leave some signal definitions to verify.

Tags

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