Screening Robot-Themed Stocks by Turnover, Float Value, and Price Highs

Summary

This note describes a Chinese main-board stock screen combining turnover, a robot-industry theme, free-float market value, and past price highs. It selects stocks with turnover between 3% and 12%, float value below 10 billion yuan, and at least two instances in the past 500 days when the closing price matched the rolling 500-day high. The author presents this as a way to pair liquidity and size filters with a price-trend signal.

The note includes formula and Python examples, but the examples have limitations: the Python snippet uses a single trade date for some inputs and its rolling calculation may not reliably represent a full 500-day history per stock. The screen also omits company fundamentals and industry-level assessment, a limitation the author acknowledges. No backtest results or performance evidence are provided, so the conditions should be understood as a proposed screening rule rather than a validated strategy.

Key ideas

• The screen combines a 3%–12% turnover range with a robot-theme classification and a float-value cap.
• It seeks main-board stocks that reached a 500-day closing-price high at least twice within that period.
• The author presents repeated highs as a price-trend signal alongside liquidity and size filters.
• The note flags the lack of fundamental and industry analysis and provides no performance evidence.

Tags

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