Screening Chinese Robot-Themed Stocks by Turnover, Size, and Daily Lows

Summary

This Chinese equity screen selects stocks associated with the robotics theme, with a stated free-float market value below 10 billion yuan and daily turnover between 3% and 12%. It also requires the current day’s low to be below the prior day’s low, then ranks qualifying names by the current low. The article provides both a platform query and a Python example intended to implement the conditions, using market and concept data.

The author frames the lower-low requirement as a way to incorporate recent price behavior, while the theme and size filters narrow the universe. The article itself warns that relying on a short-term price condition can encourage chasing or selling into short-lived moves. It recommends adding financial measures and industry analysis, alongside risk controls. No backtest, return series, benchmark comparison, or evidence that the screen identifies higher-quality stocks is presented. The code also uses a specific historical date and data-source conventions, so the example does not establish a current or generally validated strategy.

Key ideas

• The screen combines a robotics theme filter with a free-float size ceiling and a turnover range.
• Qualifying stocks must have a daily low below the previous day’s low.
• The example ranks selected stocks by their current daily low.
• The author cautions that short-term price conditions can lead to chasing or selling into moves.
• The article provides no backtest or return evidence and suggests adding fundamental and industry analysis.

Tags

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