Screening Stocks by Turnover, Earnings Growth, and Recent Limit-Ups

Summary

This stock screen combines trading activity, earnings growth, and a recent price event. It selects shares with turnover between 3% and 12%, year-over-year growth in net profit attributable to the parent company above 20% and at most 100%, and at least one limit-up day in the previous 25 days. The article frames the earnings condition as a fundamental filter and the limit-up condition as a measure of market attention or sentiment. It includes example formulas and code for applying the filters.

The article provides no backtest or evidence of returns. It cautions that a limit-up move may reflect manipulation or causes unrelated to the intended sentiment signal, and that market emotion is hard to predict. There are also inconsistencies between the described rules and examples: one formula uses turnover as a proxy for a limit-up, and the sample code uses a particular reporting period. The author suggests adding valuation, cash-flow, or other market measures and checking for manipulation risk.

Key ideas

• The screen combines turnover from 3% to 12%, earnings growth above 20% and up to 100%, and a limit-up event within the prior 25 days.
• The method mixes a fundamental earnings measure with trading activity and a recent price event.
• The article warns that limit-up moves may result from manipulation or unrelated causes.
• The examples do not consistently implement the stated conditions, and the document gives no performance evidence.

Tags

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