A Metaverse Stock Screen Using Relative Volume and Turnover

Summary

The post describes a stock-selection screen for companies classified in the metaverse industry. It requires relative volume to fall between 1.5 and 6 and the prior day’s turnover rate to exceed 8%. The author presents these conditions as a way to identify active, potentially liquid stocks, and includes formula and Python-style implementation examples.

The document acknowledges that the screen omits company profitability and broader market or news sentiment, and says volume and turnover alone do not fully capture liquidity. It suggests adding fundamental, technical, and macroeconomic analysis, but provides no backtest, performance evidence, or detailed rules for combining those inputs. The sample code’s proxy calculations may not match the stated turnover and relative-volume definitions, so implementation details would need verification before use.

Key ideas

• The screen selects metaverse stocks using a bounded relative-volume range and a minimum prior-day turnover rate.
• The rationale is to find active securities that may have adequate liquidity.
• The author warns that volume measures omit profitability, sentiment, and other relevant factors.
• No backtest or performance evidence is given, and the sample calculations warrant verification.

Tags

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