Stock Screening by Auction Amount, Capital Strength, and Limit-Ups

Summary

This stock-selection proposal ranks shares by capital-strength measure, keeps the top five by the day’s auction amount, and requires at least two limit-up sessions within the previous 500 days. The note interprets these filters as a way to focus on stocks with recent trading interest and a history of strong price advances. It also sketches sample calculations for ranking a rolling amount-based strength measure and an auction-amount proxy.

The author acknowledges that the rule omits company fundamentals and industry prospects, and suggests adding those alongside technical indicators. The document supplies no backtest, selection universe, precise definition of capital strength, or evidence that the ranking predicts future returns. Its example auction calculation uses a rolling sum, which may not correspond to opening-auction activity as the rule’s wording implies. The screen is therefore a rough selection concept requiring clearer definitions and validation before it can support decisions.

Key ideas

• The proposed screen ranks stocks by capital strength and then auction amount.
• It requires at least two limit-up events during the prior 500 days.
• The note recommends considering fundamentals, industry conditions, and technical measures as additional inputs.
• It does not define the strength measure precisely or provide performance evidence.
• The sample rolling amount calculation may not measure opening-auction activity directly.

Tags

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