Screening Stocks by Amplitude, Dividend Yield, and Rising DEA

Summary

This document describes a stock screen combining daily price amplitude, a dividend ratio for 2019, and a rising DEA value from MACD. Its rationale is that amplitude identifies more volatile shares, the dividend condition favors higher-yielding stocks, and rising DEA is treated as evidence of an upward medium-term trend. It presents the conditions as a way to find candidates for short-term trading, but provides no performance results or empirical validation.

The document also supplies example implementations and suggests adding valuation and profitability measures, other technical indicators, and industry or market context. Those suggestions are not developed into a defined tested strategy. The stated risks include omitting external market and sector conditions and overlooking short-term changes when relying on DEA. The source's description of the dividend condition as a 2019 payout ratio is not fully reconciled with its code's use of a dividend-yield field, so implementation details may not match the stated rule. No entry, exit, or risk-management rules are specified.

Key ideas

• The screen combines price amplitude above a threshold, a 2019 dividend condition, and rising DEA.
• The document interprets amplitude as a volatility filter and rising DEA as an upward trend signal.
• It provides example code but reports no backtest evidence or measured returns.
• It recommends adding fundamental, technical, sector, and market information, without defining or testing those additions.
• The screen may miss short-term reversals and does not specify trade exits or risk controls.

Tags

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