Short-Term A-Share Screen Combining Turnover, Recent Limits, and Daily Decline

Summary

This document outlines a short-term Chinese equity screen using three signals: high relative trading volume, a daily decline bounded between four and five percent, and more than two limit-up sessions over the prior ten days. It ranks candidates by the relative volume measure, treating strong trading activity alongside recent sharp advances and a pullback as signs of attention and possible continued momentum.

The post characterizes the approach as suited to short-horizon trading and warns that it emphasizes recent price action while neglecting long-term value and broader company fundamentals. It suggests adding valuation ratios and trend indicators, but supplies no backtest, trade rules, or evidence that the proposed combination predicts future returns. Its brief indicator references are not a complete implementation, and the listed suggested enhancements are not part of the core screen. The setup should therefore be understood as a screening idea rather than a validated strategy.

Key ideas

• The screen combines relative volume ranking, a bounded daily decline, and recent limit-up frequency.
• It targets short-term behavior and ranks selected stocks by relative trading volume.
• The document warns that the signals may overlook long-term value and cannot reliably forecast future returns.
• No empirical performance results or complete implementation are supplied.

Tags

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