Stock Screening with Turnover, Seven Down Days, and Revenue Growth

Summary

This Chinese stock-screening post combines trading activity, recent price weakness, and historical revenue growth. It selects stocks with turnover between 3% and 12%, seven consecutive declining sessions, and 2021 revenue more than 10% above 2018 revenue. The proposed rationale is to find companies with stronger historical growth after a sustained decline, while excluding specified board categories in the sample formula.

The post provides example indicator and Python implementations, but their expressions do not fully align: the code checks the last seven closes against opens and compares two values of a named growth metric, while the stated screen describes consecutive price declines and revenue levels across named years. Users are told to adapt indicator names to their data source. The author cautions that historical financials may not predict future results and that a seven-day decline does not ensure a rebound. Valuation measures and broader fundamental review are suggested as possible additions. No backtest, performance evidence, or transaction-cost analysis is presented.

Key ideas

• The screen combines turnover, a seven-session decline, and historical revenue growth.
• The stated criteria require turnover from 3% to 12% and 2021 revenue growth over 2018 above 10%.
• The sample formula and Python implementation use indicators that may need adjustment and do not map cleanly to the stated criteria.
• Historical growth and recent price weakness do not establish that a stock will recover.
• The post suggests broader fundamental checks but provides no performance results.

Tags

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