Selecting Stocks by Capital Strength and Repeated Limit-Up Moves

Summary

The post proposes screening Chinese stocks by descending capital strength and requiring at least two limit-up moves during 2021. It describes capital strength as related to turnover and trading volume, then combines that measure with a count of limit-up events. The suggested sequence is to rank or filter for strong capital activity, count qualifying price moves, and retain stocks meeting both conditions.

The post acknowledges that these historical filters cannot determine whether a selected stock is fundamentally attractive or identify stocks that will rise in the future. It suggests adding criteria such as market capitalization, industry, and profitability, or using other technical analysis. The code sample is incomplete and internally inconsistent: its purported strength calculation uses RSI and a volume function, while the stated turnover-based concept is not implemented clearly; the limit-up counting logic also cuts off. No backtest results or evidence of predictive performance are provided, so the selection idea remains underspecified.

Key ideas

• The proposed screen ranks stocks by capital strength and requires repeated limit-up moves in 2021.
• Capital strength is described in relation to turnover and trading volume.
• The selection combines a capital-activity filter with a historical count of price-limit events.
• The author notes that the screen does not establish investment merit or predict future limit-ups.
• The code is incomplete and does not clearly implement the stated screening logic.

Tags

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