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Stock Screening with Turnover, Rising DEA, and Positive Returns

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Summary

This Chinese-language post proposes screening equities for turnover between 3% and 12%, a rising DEA condition, and a positive return. It presents the combination as a liquidity and technical-momentum filter intended to find stocks that may continue upward. The post includes formula references for a stock screener and a Python-style selection workflow.

The document also flags limitations: the filter may miss volatile stocks with potential value and may select stocks that are already trapped in a short-term decline. It suggests adding industry, fundamental, liquidity, and sentiment considerations, along with indicators such as RSI or DMI. These are recommendations rather than tested extensions; the post gives no backtest, benchmark, holding period, or risk-adjusted performance evidence. The DEA formula is described in the source, but the strategy's predictive value and operational details remain unverified.

Key ideas

  • The screen combines a 3% to 12% turnover range, rising DEA, and positive returns.
  • The post frames turnover and DEA as liquidity and technical filters for stock selection.
  • It warns that the rules can miss volatile value stocks or misclassify declining stocks.
  • Suggested additions include fundamentals, industry context, sentiment, RSI, and DMI.
  • No backtest or performance evidence is provided.

Tags

EquitiesTechnical indicatorsMomentumChina markets

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