Stock Screening with RSI, Auction Turnover, and Dividend Ratio

Summary

This stock-selection example combines a technical condition with trading activity and a dividend-related fundamental filter. It selects shares with a 14-period RSI below 65, prior-day auction turnover above 0.26, and a 2019 dividend ratio above 25%. The document gives a platform formula and a Python outline using stock basics and daily price data, then notes that the dividend condition may require a custom formula in another platform.

The accompanying discussion recommends considering risk versus return, industry and market conditions, and additional indicators. It does not report a backtest, benchmark, transaction costs, or out-of-sample results, so it provides no evidence that the screen predicts returns. The sample code also relies on historical data and fields whose names or meanings may need checking; the stated screening thresholds should not be treated as a tested investment rule.

Key ideas

• The screen requires RSI below 65, prior-day auction turnover above 0.26, and a 2019 dividend ratio above 25%.
• The example combines technical activity measures with a dividend-related fundamental condition.
• The document suggests adding industry context and other indicators when refining the screen.
• No backtest evidence or risk-adjusted performance results are presented.

Tags

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