Screening Robotics Stocks by Intraday Range and Float Market Value
Summary
This document proposes a Chinese equity screen for stocks associated with the intelligent robotics concept. It requires the intraday high-low range, measured relative to the low, to exceed 1%, and float market capitalization to fall between 5 billion and 10 billion yuan. The article offers example implementations in a charting formula and Python, combining a price-range condition, concept membership, and market-value bounds.
The author notes that the size band may include less stable companies and that the screen uses too few technical measures to judge candidates reliably. Suggested refinements include adding fundamental metrics and other technical or chart-pattern indicators to assess trend and momentum. No backtest, selected-stock list, or performance evidence is provided, and the article does not define a holding period or trading rule. The stated conditions are therefore a candidate filter, not a complete investment strategy.
Key ideas
- The proposed screen requires an intraday range greater than 1% of the low.\nIt limits candidates to robotics-concept equities with float value from 5 billion to 10 billion yuan.\nThe article provides illustrative formula and Python implementations but no performance results.\nIt recommends combining the screen with further fundamental and technical analysis.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.