Screening Stocks by Auction Activity and Three-Year Revenue Growth
Summary
This Chinese-language post describes an A-share stock screen that ranks shares by capital strength, then selects the five highest by the day’s auction amount. It also filters for companies whose 2021 revenue divided by 2018 revenue exceeds 1.1, which the post presents as a way to find firms with revenue growth. The headline instead says the ratio should be greater than 1, so the stated threshold is inconsistent.
The post argues that capital attention, auction activity, and revenue growth can help identify active, growing stocks. It offers no backtest, performance figures, or detailed definition of capital strength, and its Python example is incomplete. The author notes that the screen omits financial health, industry context, and other valuation or technical factors, and suggests adding measures such as valuation ratios and moving averages. These are screening ideas rather than evidence of a validated strategy; the revenue comparison also does not establish future growth.
Key ideas
- The screen ranks stocks by capital strength and prioritizes the five largest auction amounts.
- It compares 2021 revenue with 2018 revenue, though the headline and body give different thresholds.
- The post proposes revenue growth as a filter alongside market activity.
- It provides no strategy performance evidence, and its code example is incomplete.
- Financial condition, industry context, valuation, and other risks are not captured by the basic screen.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.