Screening Chinese Beverage and Alcohol Stocks by Turnover and Shape

Summary

The document proposes a stock screen combining turnover between three and twelve percent, a beverage and alcohol industry classification, and a rounded or arc-shaped price pattern. It presents the screen as a way to combine trading activity, industry membership, and chart shape. A reference formula is included, along with Python code that queries Chinese market data and filters for turnover, industry, and additional conditions such as excluding special-treatment stocks and requiring positive money flow and a minimum circulating market value.

The material does not provide performance results or a defined procedure for detecting the arc pattern in the Python example. It acknowledges that chart-shape identification can be subjective and error-prone, and suggests adding indicators and financial or valuation measures. The extra code filters also mean its implementation is not identical to the stated three-part selection rule; its criteria and data date would need review before use.

Key ideas

• The stated screen combines turnover, beverage and alcohol industry membership, and an arc-shaped pattern.
• The Python example adds money-flow, market-value, and special-treatment filters.
• The document warns that chart-pattern identification can be subjective and unreliable.
• It proposes combining pattern screening with technical and fundamental measures.

Tags

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