Screening Stocks by Turnover, Profit Growth, and Long-Term Trend

Summary

This stock screen requires turnover between 3% and 12%, year-over-year growth in net profit attributable to parent-company shareholders between 20% and 100%, and a share price above its 250-day moving average. It combines a trading-activity range and a fundamental growth filter with a long-term price-trend condition. The page gives example formulas and a Python outline intended to identify qualifying stocks.

The document provides no performance results, benchmark, or evidence that the combination improves returns. It notes that the screen is simple and may miss important company or industry context, while the moving-average test can be affected by market swings and may not suit every stock. It proposes adding indicators such as RSI or MACD and evaluating company and sector information alongside the existing filters. The examples specify particular data fields and dates, so they should not be treated as a fully validated implementation of a general, point-in-time backtest.

Key ideas

• The screen combines a turnover band, a bounded range of year-over-year net profit growth, and price above a 250-day moving average.
• The filters bring together trading activity, company fundamentals, and a long-term trend condition.
• The page includes example formulas and a Python outline but no strategy performance evidence.
• The author warns that the screen may overlook company and sector context and that moving averages react to market fluctuations.
• Suggested refinements include other technical indicators and broader fundamental and sector analysis.

Tags

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