Screening Stocks by Amplitude, Control, and Fund-Flow Rank
Summary
The strategy screens stocks using daily amplitude above 1, an absolute daily change in controlling shareholders above 21, and a high fund-flow rank. The examples show these as combined filters, then order qualifying stocks by fund-flow ranking. The accompanying discussion interprets the conditions as combining price movement, shareholder control changes, and signs of fund inflow.
The document cautions that technical and flow measures may overlook company fundamentals and long-term prospects. It suggests assessing whether flows fit the business fundamentals and adding technical and valuation measures, such as momentum oscillators, relative valuation, market value, and return on equity. It also mentions strategy win rate and annualized return as evaluation criteria, but supplies no performance evidence for this screen. The rules and code are platform examples, and the text says implementation may need adjustment to specific needs.
Key ideas
- The screen combines daily amplitude, controlling-shareholder change, and fund-flow rank conditions.
- Qualifying stocks are ordered using their fund-flow ranking.
- The document warns that technical and flow signals can omit fundamentals and long-term potential.
- It recommends adding valuation, company, and other technical measures for broader assessment.
- No backtest results are supplied to establish the screen’s effectiveness.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.