A-Share Screen for Metaverse Stocks Above a Rising 30-Day Average

Summary

This note presents a Chinese equity screen that looks for stocks associated with the metaverse theme, a rising 30-day moving average, and circulating market capitalization above 10 billion yuan. It combines a thematic classification with a trend condition and a size threshold. The provided indicator references identify the theme, compare the current 30-day average with its prior value, and apply a market-cap filter; a Python illustration gives a similar set of conditions.

The written rationale claims that larger firms may be more stable, but the note reports no backtest or other evidence that the screen improves selection. Its final description also mentions considering fundamentals and liquidity, although those are not implemented as explicit conditions in the examples. The author cautions that market supply and demand, unusual volatility, historical-model limitations, and changing policy or market conditions can undermine the approach. Suggested refinements include incorporating financial measures and setting thresholds by industry. The screen is therefore a simple thematic trend filter rather than a demonstrated complete strategy.

Key ideas

• The screen combines metaverse-theme membership, a rising 30-day moving average, and circulating market capitalization above 10 billion yuan.
• The listed conditions are implemented as separate theme, price-trend, and market-cap filters.
• The article reports no backtest or performance evidence for the screen.
• It recommends considering company financials and industry-specific thresholds, while noting that the examples do not implement these refinements.

Tags

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