Stock Screening with Turnover, Profit Growth, and a Short Moving Average

Summary

This note describes a Chinese stock screen combining turnover between 3% and 12%, year-over-year growth in net profit attributable to parent-company shareholders above 20% and up to 100%, and a share price above its five-day moving average. The criteria mix trading activity, a reported fundamental growth measure, and a short-term price trend. Formula references and a Python example are provided as implementation illustrations.

The document reports no backtest results or evidence that the screen identifies future winners. It acknowledges that the rules simplify company analysis by omitting industry context and more detailed financial-statement information, and that a five-day average may not represent a durable trend. There are also implementation inconsistencies: the final written logic mentions a longer-period average, while the original rule specifies five days, and sample code details may not faithfully match the stated measures. The screen is best understood as a basic filter requiring data and logic checks.

Key ideas

• The proposed screen combines a turnover band, bounded profit growth, and price above a five-day average.
• The criteria span market activity, company earnings growth, and short-term price behavior.
• The note supplies formula references and sample code but no reported performance evidence.
• Industry context, detailed financial information, and longer-term trend analysis are identified as limitations.

Tags

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