Screening Stocks by Turnover, Prior-Day Market-Activity Listing, and Return

Summary

This Chinese stock screen selects shares with turnover between 3% and 12%, an appearance on the prior day’s market activity listing, and a positive return. The article frames the combination as a way to identify active stocks that have recently risen, and provides example formula and Python references for filtering stock data. The code also includes a listing-date condition, while the stated screening logic focuses on turnover, the prior-day listing flag, and positive return.

The article notes that this approach does not account for company fundamentals and that selected stocks may still perform poorly. It recommends considering financial information, other technical measures, and industry themes alongside the screen. No backtest, comparison group, or risk-adjusted performance evidence is provided, and the article does not specify a holding period, entry or exit rules, or position sizing. The filters are therefore a stock-selection recipe rather than a fully defined trading strategy, and their results depend on consistent definitions of turnover, return, and the listing flag.

Key ideas

• The screen combines turnover from 3% to 12%, a prior-day market activity listing, and a positive return.
• The article presents the filters as a way to locate active stocks with recent gains.
• Fundamentals and broader market context are omitted from the stated screen.
• The article supplies implementation examples but no performance evidence or complete trade-management rules.
• The meaning and timing of each data field should be checked before applying the filter.

Tags

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