A Metaverse Stock Screen Using a Rising 30-Day Average and Price Gains

Summary

This short-term stock screen selects main-board shares associated with the metaverse theme, requires the 30-day moving average to be rising, and looks for a current-session gain above 1%. The article frames the combination as a way to find thematically exposed stocks with a positive recent trend and upward price movement. It provides indicator logic and sample screening code, including an example allocation rule that divides a fixed fraction across selected stocks.

The document warns that market and sector risks remain, that simple thematic filters may encourage herding, and that the approach may fail to generate long-run excess returns. It suggests adding technical or fundamental measures and reviewing the rules periodically. No historical test, performance results, or benchmark are presented. The described price condition uses the day’s high relative to the previous close in the formula, so it may not correspond to a closing-price return; the screen also leaves trade timing, liquidity checks, and exit rules unspecified.

Key ideas

• The screen combines a metaverse-theme classification, a rising 30-day moving average, and a price move above 1%.
• The formula measures the price move using the session high relative to the previous close.
• The example code allocates a fixed fraction evenly among selected shares.
• The article flags sector risk, trend-chasing, and limited prospects for durable excess returns.
• It provides no backtest results and leaves entries, exits, and liquidity rules undefined.

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