Screening Chinese Equities by Turnover, Size, Profitability, and Weekly Bars

Summary

This proposed A-share stock screen combines turnover between 3% and 12%, market capitalization below 10 billion yuan, positive net income, and a bullish weekly-bar condition. The accompanying explanation treats the weekly bar as a way to identify upward price trends and suggests that the other filters constrain the candidate pool by trading activity, size, and profitability.

The post warns that technical signals can be distorted by sentiment and that the screen may overlook business fundamentals and long-term prospects. It recommends combining technical and fundamental measures and considering other indicators, while offering sample formula and Python approaches. It provides no backtest, performance results, or evidence that the thresholds are effective. The code example also leaves parts of the selection process incomplete, so the screen is best understood as a rough screening idea rather than a fully specified or validated trading strategy.

Key ideas

• The proposed screen requires turnover from 3% to 12%, market capitalization below 10 billion yuan, and positive income.
• A bullish weekly-bar condition is used as a trend filter for A-share candidates.
• The post cautions that technical signals may be affected by sentiment and can miss fundamental risks.
• It suggests combining technical measures with fundamentals and other indicators.
• No backtest or evidence of profitability is provided, and the sample implementation is incomplete.

Tags

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