Screening Stocks by Turnover, Recent Market-Activity Listing, and Listing Age
Summary
This short stock-screening example combines a daily turnover range of 3% to 12%, an appearance on the previous day’s market activity list, and more than one year since listing. The stated rationale is to focus on stocks with a specified level of trading activity and recent attention while excluding very new listings. The document provides equivalent formula and dataframe-filter examples for applying the conditions.
The author notes that the screen omits other important considerations, including company profitability and industry outlook, and suggests evaluating valuation measures, technical indicators, and risk controls alongside it. The explanation describes the listing as a proxy for institutional attention, but does not demonstrate that interpretation or define the activity-list criterion in detail. No backtest, sample, or performance evidence is provided, so the conditions should be read as a screening template rather than a validated strategy.
Key ideas
- The screen requires turnover between 3% and 12% and an appearance on the prior day’s market activity list.
- It excludes stocks listed for one year or less.
- The article treats trading activity and recent attention as screening considerations but does not validate their predictive value.
- It recommends combining the screen with company fundamentals, valuation, technical measures, and risk controls.
- No backtest or performance evidence is included.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.