Screening Shanghai Beverage and Alcohol Stocks by Turnover

Summary

This note describes a stock screen combining a turnover-rate range of 3% to 12%, a beverage and alcohol import-export industry classification, and a Shanghai-listed share code beginning with 60. It frames turnover as a measure of trading activity and uses the sector and listing prefix to narrow the universe. The document includes example formula and Python approaches, with additional data filters appearing in the Python example.

The selection logic is not supported by a backtest or reported returns. The author notes that it omits other technical and fundamental considerations and suggests evaluating indicators such as MACD, RSI, moving averages, valuation, and profitability. Some examples use inconsistent data fields and dates, so implementation details should be checked against the chosen data provider. The screen is therefore an illustrative filter, not evidence of a profitable strategy.

Key ideas

• The screen selects stocks with turnover between 3% and 12% in a beverage and alcohol related industry.
• It limits the stock universe to codes beginning with 60.
• The note describes turnover as a proxy for liquidity and trading activity.
• It suggests adding technical and fundamental filters for broader evaluation.
• No backtest or trading performance evidence is reported.

Tags

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