Stock Screening by Ten-Day Return, Turnover, and Daily Price Range

Summary

This Chinese stock screen combines three conditions: daily price amplitude above 1, turnover between 2% and 9%, and a ten-day price gain greater than zero but below 35%. The stated rationale is to find shares with meaningful price movement and trading activity while limiting the recent return range. The source includes example indicator formulas and Python selection logic.

The article presents no backtest or performance evidence. It notes that the filters omit company fundamentals and earnings, and that the upper return cap may exclude stocks with stronger gains. It suggests adding fundamental and technical measures or adjusting the return threshold. The implementation examples deserve scrutiny: the prose describes a bounded turnover interval, while the Python code approximates turnover using recent volume, and the formula's return expression may not align with the intended ten-day percentage return. Results will depend on precise definitions, data quality, and testing.

Key ideas

• The screen requires daily amplitude above 1, turnover from 2% through 9%, and a ten-day gain between zero and 35%.
• The filters combine price variability, trading activity, and recent momentum.
• The source does not provide performance evidence and omits fundamental information.
• The return cap can exclude stocks with larger recent gains.
• The sample formula and code use definitions that should be checked against the stated conditions.

Tags

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