A China Stock Screen Combining Metaverse Exposure, Trend, and Capital Strength

Summary

This post outlines a China equity selection screen that combines membership in the metaverse theme, a closing price above its 250-day moving average, and a capital-strength ranking. Capital strength is defined using the rolling sum of close-minus-open divided by the rolling sum of high-minus-low over 20 sessions. The intent is to favor themed stocks with positive long-term price positioning and comparatively strong recent buying pressure.

The article provides indicator-style and Python examples, but the implementations are not fully consistent: the code compares price with an average of recent closes rather than clearly computing the stated 250-day moving average, and its capital-strength ranking logic may not rank the full eligible universe as described. No backtest, performance evidence, or transaction-cost analysis is supplied. The post itself flags market risk and omissions of fundamental information, and suggests adding fundamental measures or combining more factors before use.

Key ideas

• The screen requires metaverse-theme membership and a close above the 250-day moving average.
• It ranks capital strength using rolling price movement relative to the high-low range over 20 sessions.
• The examples contain implementation ambiguities and do not provide backtest evidence.
• The post identifies market risk and missing fundamental analysis as limitations.

Tags

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