Screening Chinese Beverage Stocks with Range and Large-Order Flow

Summary

This post describes a Chinese equity screen that combines daily price amplitude, persistent large-order net volume, and membership in a beverage and alcohol industry group. Its stated intent is to find stocks with active trading and buying pressure for short- to medium-term consideration. The formula examples operationalize amplitude and compare large-order readings across three sessions, then apply a sector filter.

The article offers no backtest, performance measurements, or evidence that the screen predicts returns. It also has an inconsistency: the prose calls for positive large-order net volume, while the formula applies an absolute value, which also admits negative readings. The suggested sector classification and data functions depend on platform-specific definitions. The author notes that sector constituents can diverge and recommends adding fundamental and technical filters, assigning weights, and periodically reviewing the approach.

Key ideas

• The screen combines price amplitude, multi-session large-order net volume, and beverage-sector membership.
• The written condition requires positive net flow, but the sample formula uses absolute values and therefore also accepts negative readings.
• The article frames the method for short- to medium-term stock selection but supplies no return or risk tests.
• Sector membership and platform-specific data functions affect how the screen can be implemented.
• The author suggests adding fundamental measures and other indicators, then reviewing the criteria over time.

Tags

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