Screening Stocks by Turnover, Beverage and Liquor Industry, and Float Size
Summary
The document describes a stock screen that combines three criteria: turnover between 3% and 12%, membership in a beverage and liquor import/export category, and a circulating share count no greater than 5.5 billion. It presents the screen as a way to narrow stocks using trading activity, industry classification, and float size. The article also gives example indicator conditions and a Python workflow using Tushare data, including an exclusion for names containing ST.
It provides no performance results, backtest details, or evidence that the filters identify better investments. The author flags possible errors or changes in circulating-share data and suggests adding technical indicators, financial measures, and valuation metrics. The example code's data requests and the stated industry screen may not fully match the broad strategy description, so implementation details would need checking against the intended universe and data definitions before use.
Key ideas
- The screen requires turnover between 3% and 12%.\nIt selects stocks in a beverage and liquor import/export category.\nIt limits eligible stocks to a circulating share count of 5.5 billion or less.\nThe example workflow also excludes stocks whose names contain ST.\nThe document offers no evidence of returns or risk-adjusted performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.