Stock Screening with Price Range, Auction Volume, and Revenue Growth

Summary

This stock selection method combines a price-range condition, a ratio involving yesterday’s turnover and today’s auction volume relative to yesterday’s volume, and historical revenue growth. The stated screen requires the turnover-volume ratio to fall between 0.5 and 2 and the 2021-to-2018 revenue ratio to exceed 1.1. The accompanying code also describes ranking selected stocks by aggregate money flow.

The document gives no backtest results or evidence that the screen predicts returns. Its explanation presents trading activity and revenue history as indicators of market interest and company growth, while acknowledging that revenue alone can miss other business factors and that volatile markets add risk. There are inconsistencies between the written conditions and the sample code, including different revenue-year references and differences in how price movement and turnover are calculated. Treat the example as an outline that needs verification before use.

Key ideas

• The screen combines price movement, a turnover-volume ratio, and historical revenue growth.
• The stated turnover-volume ratio must fall between 0.5 and 2.
• The stated revenue comparison requires 2021 revenue to exceed 2018 revenue by more than the specified threshold.
• The sample code adds a money-flow filter and sorts qualifying stocks by money flow.
• The document reports no performance evidence, and its code does not consistently match its written criteria.

Tags

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