Shenzhen Main Board Stock Screening by Capital Flow and Valuation
Summary
The post describes a Chinese equity screen that ranks Shenzhen Main Board stocks by capital-flow strength and filters for price-to-earnings ratios from 0 to 29.01 and price-to-book ratios from 0 to 3.11. It presents the valuation bands as a way to find lower-valued stocks and the flow ranking as a way to favor stocks with stronger inflows. Although the headline refers to 15-minute MACD green bars shortening, the selection rules shown do not specify a MACD condition or an intraday trigger.
No backtest, performance figures, or validation evidence is supplied. The post itself cautions that the valuation cutoffs and capital-flow measure may not select suitable stocks, and that the result may not fit an investor's risk tolerance or style. It suggests adding data and indicators and adjusting thresholds, but gives no concrete evaluation method. The brief Python reference is incomplete and does not implement the screening rules.
Key ideas
- The screen ranks eligible stocks by capital-flow strength.
- It limits the universe to Shenzhen Main Board equities.
- It filters for price-to-earnings ratios up to 29.01 and price-to-book ratios up to 3.11.
- The post provides no backtest or evidence that these thresholds improve returns.
- The headline mentions MACD, but the listed final screening rules do not include a MACD condition.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.