Small-Cap Stock Screen Using Turnover, Limit-Ups, and Profitability

Summary

This Chinese stock screening proposal looks for shares with turnover in a specified band, at least one limit-up-like daily move during a recent window, market capitalization below a stated ceiling, and no losses. The article frames turnover and the price surge as measures of market activity, then suggests adding valuation, profit growth, technical indicators, and a take-profit rule. It includes sample indicator logic and a Python data-gathering example, but no portfolio construction or exit method is fully specified.

The document provides no backtest, return series, benchmark comparison, or evidence that the proposed filters improve results. It acknowledges that excluding loss-making companies can remove potential winners and that omitting technical context may miss market sentiment. There are also inconsistencies between the prose, screening formula, and code, including turnover bounds and the way recent gains are measured. Those definitions and the data fields would need reconciliation before the screen could be evaluated or used.

Key ideas

• The proposed screen combines turnover, a recent limit-up-like move, a small market-cap ceiling, and positive profitability.
• Suggested extensions include valuation, earnings growth, technical indicators, and a take-profit rule.
• The document offers sample screening logic but reports no tested performance.
• Different sections use inconsistent definitions, so the filters require verification before implementation.
• Excluding loss-making firms may also exclude potential winners, while the screen may miss broader market context.

Tags

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