A Metaverse Stock Screen Using Float Size and Lower Daily Lows

Summary

This document proposes an A-share stock screen for companies classified in the metaverse sector. It requires a circulating share count no greater than 5.5 billion and a current-day low below the prior day’s low. The stated rationale is to focus on a selected industry, impose a float-size boundary, and identify stocks whose intraday low has moved beneath the previous session’s low.

The article acknowledges that the rule relies heavily on recent price movement and omits other price behavior and company fundamentals. It suggests combining the screen with valuation measures and smoothing price changes. A formula and sample data-access code are presented as implementation references, but the code’s data handling is not validated in the document. No backtest, return series, or evidence of predictive value is supplied, so the screen is best understood as a candidate filter requiring independent testing and careful data checks.

Key ideas

• The screen selects metaverse-sector A-shares with a circulating share count at or below 5.5 billion.
• It also requires the current session's low to fall below the previous session's low.
• The rationale treats the lower low as a possible relative-price attraction, but offers no evidence for that interpretation.
• The article notes that the filter omits fundamentals and other aspects of price behavior.
• It suggests adding valuation filters or smoothing, and presents no backtest results.

Tags

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