Screening Main-Board Stocks by Turnover, K Value, and Daily Gain

Summary

The document describes a short-term equity screen for main-board stocks. It selects shares with turnover between 3% and 12%, a K indicator below 20, and a daily gain above 1%. The post also gives a reference expression and a sample Python workflow that filters turnover, checks the indicator, applies a market classification, and then screens for daily price change.

The author characterizes the approach as technical and momentum-oriented, while noting that it does not initially account for company fundamentals and that a daily gain may not indicate durable strength. Suggested improvements include assessing quarterly or annual price trends and combining technical and fundamental measures. The document provides no backtest, performance history, or validation of the suggested workflow; its claims about possible short-term returns are not supported by reported evidence. The exact indicator calculation and reliability of the sample data calls are also not explained.

Key ideas

• The screen combines turnover, a K-value threshold, and a positive daily price move.
• The stated turnover band is 3% to 12%, with K below 20 and daily gain above 1%.
• The sample workflow applies filters sequentially, including a main-board classification.
• The post warns that the screen omits fundamentals and suggests adding longer-horizon and company data.
• No performance test is provided to validate the strategy.

Tags

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