Screening Chinese Stocks by Intraday Range, Volume, Gap, and Market Value

Summary

This Chinese stock screen combines price amplitude above 1, current volume above 10,000 lots, an opening price above the previous close, and circulating market value between 5 billion and 10 billion yuan. The article frames the conditions as a way to find actively traded, volatile stocks in a selected capitalization range. It supplies a formula and a Python example, but does not report a backtest, returns, or comparison with a benchmark.

The write-up also recommends adding valuation and profitability measures, such as price-to-earnings, price-to-book, and return on equity, along with company, industry, and macroeconomic analysis. Those additions are suggestions rather than implemented or evaluated parts of the screen. Some prose speculates about oversold conditions and rebounds, but the listed rules do not include a clear oversold measure; the sample code also does not consistently implement all stated criteria. The screen’s predictive value is therefore unsubstantiated in the document.

Key ideas

• The screen filters for amplitude above 1, volume above 10,000 lots, a positive opening gap, and circulating value from 5 billion to 10 billion yuan.
• The proposed screen is based on market activity and capitalization, with fundamental measures suggested as additions.
• The article provides sample code but no performance evidence.
• The discussion of oversold rebounds is not represented by a clearly defined screening condition.

Tags

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