Stock Screening with Trading-Board Activity and Recent Momentum

Summary

This screening rule looks for stocks with daily amplitude above one percent, an appearance on the previous day's trading leaderboard, and a positive ten-day return below 35 percent. The article interprets the range condition as a sign of short-term movement, leaderboard activity as a possible indication of market attention, and the return band as evidence of recent gains without an extreme rise. It includes formula-style and Python examples that combine the filters, including an additional code-based universe restriction.

No backtest, sample period, or performance statistics are supplied, so the rationale remains qualitative. The article notes that leaderboard data reflects only one day's activity, recent gains can reverse, and volatile or newly listed stocks may carry added risk. It suggests reviewing broader leaderboard measures, adjusting the return band to conditions, and monitoring selected names, but does not specify an entry, exit, or position-sizing method.

Key ideas

• The screen combines daily amplitude, prior-day leaderboard appearance, and a bounded positive ten-day return.
• The document frames leaderboard activity as a market-attention signal, not proof of sustained demand.
• The examples include a stock-code filter in addition to the stated selection conditions.
• The article reports no tested performance and warns of reversals, volatility, and limits in one-day leaderboard data.

Tags

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