Stock Screening with RSI, Market Capitalization, and Dividend History

Summary

This document presents a Chinese equity screen combining a 14-period RSI threshold, a minimum market capitalization, and a requirement that the company’s 2019 dividend ratio exceed a specified level. It characterizes the RSI condition as a short-term technical filter and the market-size and dividend criteria as fundamental filters. A code reference shows the criteria being applied to fundamental and indicator data, with results ordered by market capitalization and limited to a small number of stocks.

The post warns that a single year of dividend data does not establish a company’s value or ability to sustain payouts, and that RSI reflects short-term price behavior rather than long-term business quality. It recommends considering profitability, valuation, and dividend stability. No backtest results, current-market performance, or evidence of predictive value are reported. The screen is date-specific because it relies on a past year’s dividend ratio, and the document’s explanations do not establish that the selected thresholds are suitable across markets or periods.

Key ideas

• The screen combines an RSI ceiling, a market-capitalization floor, and a past-year dividend-ratio requirement.
• The RSI is treated as a short-term technical measure, while dividends and company size serve as fundamental filters.
• The document cautions that one year of dividends may not indicate sustainable shareholder returns.
• It recommends additional checks on profitability, valuation, and payout stability.
• No backtest or performance evidence is presented.

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