Screening Stocks by Price Range, Trading Volume, and Listing Age

Summary

This stock screen seeks shares with a price amplitude above a threshold, current trading volume above a stated level, a higher opening price, and a listing age greater than a user-defined number of years. The rationale is to find stocks with substantial price movement and liquidity while avoiding the instability often associated with very recently listed companies. The article includes an illustrative Python screening sketch, but no exchange formula is supplied.

The article gives no backtest, selection results, or evidence that these conditions identify stable or promising stocks. It acknowledges that the approach omits company fundamentals and that volatile stocks may carry greater risk. It suggests adding factors such as market capitalization, industry, and company quality, while also reviewing the behavior of newer listings. These are proposed refinements rather than tested improvements.

Key ideas

• The screen combines price amplitude, current volume, a higher open, and a minimum listing age.
• The rationale is to focus on active stocks and reduce exposure to newly listed shares.
• The article provides example screening code but no performance evidence.
• It warns that the screen omits company fundamentals and that high volatility can increase risk.
• It suggests combining the screen with market, industry, and fundamental factors.

Tags

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