A Metaverse Stock Screen Using Volume Ratio and Moving Averages

Summary

This stock-selection approach screens Chinese equities in the metaverse industry for a volume ratio above 1.5 and below 6, with the 20-day moving average above the 120-day moving average. A later version adds a market-cap floor of 1 billion yuan. The article supplies example query logic and Python code that illustrate filtering an industry universe, calculating moving averages, and applying volume and market-cap conditions.

The author describes the moving-average condition as a technical trend filter and says that focusing on the industry aligns the screen with that theme. The article also acknowledges that technical conditions alone can select expensive or weak businesses, and suggests assessing fundamentals and potentially adding indicators such as MACD or RSI. It gives no performance testing or evidence that the screen predicts returns; the examples also depend on the accuracy and availability of the referenced data sources and industry classifications.

Key ideas

• The screen selects metaverse stocks with volume ratio between 1.5 and 6.
• It requires the 20-day moving average to be above the 120-day moving average.
• A refined version adds a market-cap threshold of 1 billion yuan.
• The article warns that technical screening can overlook valuation and business quality.
• No backtest or return evidence is provided.

Tags

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