Shenzhen Main Board Screen Using Position Additions and Valuation Ratios

Summary

This proposed screen focuses on Shenzhen main-board stocks and combines a daily position-addition share above 5% with a price-to-earnings ratio from 0 to 29.01 and a price-to-book ratio from 0 to 3.11. The post interprets a higher position-addition share as a sign of investor confidence and uses the valuation bounds to filter stocks by accounting-based multiples. It suggests that additional measures could help assess a candidate more broadly, including profitability, solvency, operating efficiency, price behavior, and trading volume.

The author cautions that the stated filters leave out company finances, industry trends, and political or economic conditions. The document provides no evidence that the thresholds predict returns, and its Python reference is incomplete and internally unclear, so it does not establish a reproducible implementation. It also gives no portfolio construction rules, trade timing, transaction-cost assumptions, or backtest results. The criteria are best read as a screening proposal that would require data validation and testing before use.

Key ideas

• The screen requires daily position additions above 5% for Shenzhen main-board stocks.
• It bounds price-to-earnings at 0 to 29.01 and price-to-book at 0 to 3.11.
• The post proposes adding financial and technical measures for broader evaluation.
• Its code reference is incomplete, and it provides no backtest or return evidence.

Tags

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