Screening Shenzhen Robot Stocks by Turnover, Valuation, and Float Size
Summary
The document describes a rules based screen for Shenzhen main board stocks associated with robotics. It combines a daily turnover range of 3% to 12%, circulating market value below 10 billion yuan, price to earnings ratios from 0 to 29.01, and price to book ratios from 0 to 3.11. The post says to rank qualifying names by popularity. It also sketches how to assemble the filters from market data and concept membership data.
The article presents the screen as a way to find attractively valued stocks, but it supplies no backtest, portfolio returns, or evidence that these thresholds predict performance. It warns that valuation data can be delayed or inaccurate and should be considered alongside industry and company conditions. The sample code has practical limitations: it uses a single historical date, pulls the first matching robotics concept, and its listed stock universe and float value units should be checked before implementation. Further analysis could add growth, competitive position, and financial stability measures.
Key ideas
- The screen selects Shenzhen main board stocks tagged with a robotics concept.
- It restricts turnover, float value, price to earnings, and price to book ratios to stated ranges.
- The article suggests ranking qualifying stocks by popularity.
- The article provides no performance test, so the screen's investment value remains unverified.
- Valuation fields may be stale or inaccurate and need company and industry context.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.