Screening Stocks by Price Range, Historical Dividends, and Afternoon Large-Order Flows

Summary

This stock-selection note proposes requiring daily price amplitude above 1%, a dividend ratio above 25% for 2019, and afternoon net inflow from large orders. It presents these as a blend of price movement, a historical dividend measure, and trading-flow activity, suggesting that large-order inflows may identify stocks receiving substantial buying interest.

The article includes formula and Python examples, but the implementation is limited: it uses market-wide and tick data in a way that is not clearly aligned across all stocks or restricted to afternoon trading. It provides no backtest or performance evidence. The author flags market volatility, individual-stock and sector risks, and reliance on historical data that may miss future growth and earnings prospects. Suggested additions include valuation measures and stronger portfolio and loss controls; no thresholds or validated results for those refinements are supplied.

Key ideas

• The proposed screen combines price amplitude, a 2019 dividend ratio, and afternoon large-order net inflows.
• The author treats large-order inflow as a possible sign of substantial buying interest.
• The note warns that historical signals can overlook future growth and earnings.
• The code examples provide no backtest and do not clearly establish an afternoon-only signal across the full stock universe.

Tags

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