A Metaverse Stock Screen Using Prior-Day Lows and Shanghai Listings

Summary

This post describes a Chinese equity screen for stocks associated with the metaverse theme, with a close above the previous day’s low and a code beginning with 60. It combines a thematic classification, a simple price condition, and an exchange-listing code filter. Example formulas and Python-style pseudocode show how the author proposes to apply the conditions; the pseudocode also sketches equal weighting and a stop level based on recent lows.

No historical returns, benchmark, or test design are supplied, so the screen’s effectiveness is unsubstantiated. The post notes that it omits company fundamentals, excludes other stock-code groups, and may be exposed to shifts in market sentiment. The closing-price condition alone does not establish an uptrend, and a metaverse label does not guarantee business exposure or investment value. The code example should be treated cautiously: its position and stop calculations are illustrative, and its behavior with an empty selection is not addressed.

Key ideas

• The screen selects metaverse-themed stocks whose close is above the prior day’s low and whose code begins with 60.
• The conditions combine thematic exposure, a price filter, and a listing-code restriction.
• The example code sketches equal weighting and a stop based on recent lows.
• The post reports no backtest or other evidence of predictive performance.
• It identifies omitted fundamentals, code-based selection bias, and sentiment changes as risks.

Tags

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