Screening Stocks by Price Range, Prior-Day Top-Trader Listing, and Listing Age
Summary
This note presents a stock-selection rule using three conditions: price amplitude above 1, appearance on the prior day’s top-trader list, and a minimum listing age represented by an unspecified threshold. It sketches indicator-formula and Python implementations that calculate amplitude, check top-trader records, and filter stocks by days since listing. The threshold for listing age is left as a variable, so the screen is not fully specified.
The author treats high amplitude as a sign of short-term movement and a top-trader listing as a possible marker of trading interest. The note also cautions that such stocks may reflect volatile sentiment rather than broad institutional conviction, and that listing age alone does not establish value or growth potential. It acknowledges that simulated results may differ from live returns and suggests adding valuation measures, setting age thresholds by sector or board, and applying risk controls. No backtest evidence is provided.
Key ideas
- The proposed screen requires amplitude above 1 and a top-trader-list appearance on the previous day.\nIt also filters by days since listing, but leaves the required age threshold unspecified.\nThe examples combine price data, top-trader records, and listing dates.\nHigh volatility and short-term sentiment can make the screen risky, and the note reports no performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.