Screening Shenzhen Main Board Stocks by Turnover, Price Gain, and Valuation

Summary

This stock-selection rule screens Shenzhen Main Board shares using four conditions: turnover between 3% and 12%, a daily gain above 1%, price-to-earnings ratio between 0 and 29.01, and price-to-book ratio between 0 and 3.11. The article also gives example indicator formulas and Python-style logic for applying the filters to recent stock data.

The method combines trading activity and short-term price strength with two valuation measures. The article suggests that adding fundamental and technical indicators, volume-price analysis, and capital-flow data could broaden the assessment. It provides no backtest, performance figures, or evidence that the thresholds predict returns. Its own caveat is that valuation ratios omit factors such as industry conditions and business prospects; data quality, timing, and the lack of explicit risk controls also limit the screen’s usefulness as a standalone strategy.

Key ideas

• The screen targets Shenzhen Main Board stocks with turnover from 3% to 12% and a daily gain above 1%.
• It also requires price-to-earnings and price-to-book ratios within stated ranges.
• The method combines activity and price filters with basic valuation measures.
• The article provides example formulas and selection logic but no performance evaluation.
• Valuation ratios alone may miss industry conditions and company prospects.

Tags

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