Stock Screening by Turnover, Recent Leaderboard Appearance, and Float

Summary

This Chinese-language post describes a stock selection screen using three conditions: turnover between 3% and 12%, appearance on the market’s trading leaderboard the previous day, and circulating share count no greater than 5.5 billion. It frames the combination as a way to find actively traded stocks with limited float, and provides example implementations for screening platforms.

The post cautions that these filters alone omit technical signals and company fundamentals, so relying on them may produce unstable selections. It recommends adding technical and fundamental checks, including market capitalization, price-to-earnings ratio, and debt-to-asset ratio, then evaluating candidates together. No performance data, backtest, or evidence of predictive advantage is presented; the suggested screen is therefore a starting hypothesis rather than a validated strategy.

Key ideas

• The screen requires turnover from 3% through 12%.\nIt also requires a trading leaderboard appearance on the previous day.\nEligible stocks must have no more than 5.5 billion circulating shares.\nThe post recommends combining these filters with technical and fundamental measures.\nIt provides no backtest or evidence that the screen produces superior returns.

Tags

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