Screening Small-Cap Robot-Theme Stocks by Turnover and Recent Price Surges

Summary

The article proposes screening Chinese equities for a robot-related theme, floating market capitalization below 10 billion yuan, turnover between 3% and 12%, and at least one daily gain of 10% or more during the previous 25 trading days. It then orders qualifying names by turnover. The recent surge condition is presented as a way to incorporate evidence of price movement, while the article notes that relying on it can exclude otherwise attractive stocks and that the screen omits other technical indicators.

The document includes formula and Python references, but those examples do not consistently match the stated screen: the Python section uses different turnover bounds and adds profitability and northbound-holding filters. It offers no backtest, performance evidence, or assessment of survivorship and data-timing effects. The screen is therefore a candidate selection rule, not evidence of a profitable strategy; its criteria need to be reconciled and tested before use.

Key ideas

• The stated screen combines robot-theme membership, a floating-capitalization ceiling, turnover bounds, and a recent large daily gain.
• The price condition requires at least one qualifying surge within the prior 25 trading days.
• Candidates are ordered by turnover in the referenced screening expression.
• The article warns that the surge filter may exclude promising stocks and that other indicators are omitted.
• The Python example changes turnover limits and adds filters that are not part of the stated rule.

Tags

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