A Metaverse Stock Screen Combining MACD and Earnings Growth
Summary
This post proposes screening Chinese stocks in the metaverse industry for a MACD crossover and year-over-year growth in net profit attributable to parent-company shareholders above 20% and no more than 100%. It presents the combination as a way to pair a technical signal with a fundamental growth filter, and says the intended holding horizon is medium to long term. The post also suggests considering valuation, financial condition, return on equity, revenue, market conditions, and sector trends.
There is a notable specification gap: the headline and description refer to three technical indicators crossing together, but the detailed conditions define only a MACD crossover. The Python example also does not calculate the crossover or growth measure and appears to rely on fields not established in the code. No backtest results or evidence support the claimed selection benefits, so the screen is a proposal requiring clarification and implementation checks rather than a validated strategy.
Key ideas
- The proposed universe is metaverse-related Chinese equities with a specified range of year-over-year net profit growth.
- The detailed technical condition is a MACD crossover, despite references to three simultaneous indicators.
- The post recommends adding financial and market context to reduce reliance on a single growth measure.
- The provided Python example does not demonstrate calculation of the stated signals, and no performance results are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.