Stock Screening by Turnover Rank, Price, and Opening Gain

Summary

The article describes a Chinese stock screen that ranks shares by volume ratio, retains the top ten, filters for prices below 18.5 yuan, and requires the 9:25 opening gain to be below 6%. The conditions are intended to combine relative trading activity, a price ceiling, and a limit on the opening move. The article presents the method as a simple way to narrow candidates rather than a fully specified trading system.

It notes that simple filters can miss attractive stocks or include weak ones, and suggests adding technical or fundamental criteria. The evidence is a short description and a Python sketch; no historical test or outcome data are supplied. The example uses a single stock identifier for its quote requests and does not clearly implement a complete market-wide ranking and merge of all three screens. The stated filters therefore need reliable data handling and validation before they can support an investment decision.

Key ideas

• The proposed screen selects the ten highest volume-ratio stocks before applying additional filters.
• Candidates must be priced below 18.5 yuan and have a 9:25 gain below 6%.
• The article warns that a small number of criteria can omit strong stocks or admit weak ones.
• The code example and description provide no evidence of market-wide implementation or historical performance.

Tags

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