Screening Stocks by Intraday Range, Dividend Yield, and Total Assets

Summary

This note describes a stock screen combining three conditions: an intraday high-low range greater than 1% of the opening price, a dividend yield above 25% for 2019, and total assets exceeding 200 million. The author presents volatility, historical dividend yield, and company size as complementary filters for identifying candidates, and includes example formulas and a Python outline.

The document gives no backtest, sample of selected stocks, or evidence that these thresholds produce attractive returns. Its risk discussion cautions that company size alone does not establish investment value, and it suggests considering additional financial, industry, and macroeconomic information. The examples should be treated as illustrative: the stated dividend-year criterion and the data fields used in the snippets may not align perfectly, so an implementation would need to check definitions, units, and data availability.

Key ideas

• The screen requires an intraday range above 1% of the opening price.
• It adds a 2019 dividend-yield threshold above 25% and total assets above 200 million.
• The article combines a price-movement measure with dividend and company-size filters.
• No historical performance evidence is provided for the selected thresholds.
• The examples require checks on data definitions, units, and field consistency.

Tags

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