Screening Stocks by Price Range, Two-Day High, and Share Concentration

Summary

This stock-screening proposal selects shares whose daily high-low range exceeds one percent, whose high equals the highest high over the current and prior day, and whose stated share-concentration measure is below a threshold of 70 percent. The document frames the range and recent high as signs of price activity, while the concentration condition is intended to avoid stocks dominated by large holders. It sketches equivalent screening conditions and suggests adding financial, industry, fundamental, and risk-control filters.

No historical test, selected-stock examples, or performance evidence is provided. The article itself cautions that concentration alone does not establish good corporate governance and that the screen omits other company and market factors. Its concentration expression and the prose threshold may depend on platform-specific field definitions, so they require verification before use. The proposed additions are left unspecified, making the final screen incomplete as a fully reproducible strategy. Traders would also need to define how often to rebalance, how to size positions, and how to manage losses.

Key ideas

• The screen combines a price-range threshold, a two-day high condition, and a share-concentration filter.
• The article proposes adding financial, industry, fundamental, and risk-control criteria.
• It provides formulas but no test results or evidence of investment performance.
• Share concentration alone does not establish governance quality or investment merit.
• The concentration fields and threshold should be checked against the intended platform’s definitions.

Tags

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