Stock Screening by Price Range, Turnover, and Historical Dividend Ratio

Summary

This screen combines a price range filter, a prior-day turnover condition, and a historical dividend ratio condition. It seeks stocks with price amplitude above the stated threshold, turnover between the specified bounds, and a 2019 dividend ratio above the stated level. The article presents these as measures of short-term price movement, trading activity, and shareholder distributions, and includes formula and sample code references.

The document does not provide a backtest, performance results, or evidence that these filters improve returns. It warns that dividend data may not fully describe a company and raises concerns about financial reporting and management stability. The examples also leave important implementation details unclear: the described prior-day turnover range is represented as volume relative to earlier volume in the sample code, and the code uses a single stock symbol for historical data. The article recommends adding fundamental and technical analysis and adjusting the strategy as conditions change. It does not define entries, exits, position sizing, or risk controls.

Key ideas

• The screen combines price amplitude, prior-day turnover, and a historical dividend ratio.
• It uses price movement and trading activity alongside a dividend measure.
• The document provides sample logic but no backtest or return evidence.
• Dividend history alone does not establish company quality or the sustainability of payouts.
• The turnover calculation in the example may not match the stated turnover criterion.

Tags

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