Screening Chinese Robot Stocks by Volatility and Float Value

Summary

This note describes a Chinese equity screen combining four conditions: daily high–low range above one percent of the open, a stock code beginning with 60, a robotics concept classification, and circulating market value below 10 billion yuan. It also suggests sorting qualifying stocks by trading amount. Example formulas and a Python-style data workflow illustrate how to apply those filters.

The rationale offered is that a larger intraday range may create profit opportunities, robotics exposure may capture an emerging theme, and smaller float capitalization may identify undervalued firms. These are untested claims rather than demonstrated results: the document reports no backtest or performance evidence. It flags small-cap liquidity and price swings, dependence on changing financial data, and concentration in one theme as risks. It suggests adding technical and fundamental checks, considering stable inflows, and accounting for liquidity before using the screen.

Key ideas

• The screen requires a high–low range exceeding one percent of the opening price and a code beginning with 60.
• It further filters for robotics concept stocks with circulating market value below 10 billion yuan.
• The example ranks selected stocks by trading amount.
• The document provides rationale and implementation examples but no performance evidence or backtest.

Tags

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