Stock Screen Combining Price Range, Dividend Yield, and Fund Flow

Summary

This proposed equity screen selects stocks with an intraday high-low range above 1% of the opening price, a dividend yield above 25% attributed to 2019, and a positive measure of institutional or main-fund direction. The accompanying examples calculate range from high, low, and open, and estimate fund direction using volume weighted by the change in closing price. The article presents these as a combination of volatility, dividend, and flow signals.

The source offers no historical test or evidence that the combined filters improve selection. Its descriptions also leave measurement details unclear: the yield field may not isolate the specified year, and the examples differ in how they handle negative flow. The author notes that fund-direction data may lag and recommends incorporating additional sentiment, trading-volume, fundamental, and technical measures. The filters therefore serve as a screening idea, not a complete trading plan or validated strategy.

Key ideas

• The screen combines a price-range threshold, a historical dividend-yield threshold, and positive fund direction.
• The range is measured relative to the opening price.
• The example estimates fund direction from volume and the change in closing price.
• The article cautions that institutional-flow measures may lag.
• No backtest or strategy performance evidence is supplied.

Tags

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