Auction-Activity Screen for Metaverse Stocks Excluding Prior Limit-Up Shares

Summary

This stock-selection note proposes screening mainland Chinese equities in the metaverse theme by current-day auction amount, taking the top five, then excluding stocks that closed at the daily limit the previous day. It provides platform formula expressions and a Python example intended to implement the selection. The stated rule uses auction amount for ranking, while the Python example sorts by circulating market capitalization and its prior-limit filter appears inconsistent with the prose, so the implementations may not reproduce the described strategy.

The article says the screen combines market activity with a recent price constraint, and warns that it may miss other candidates or fail as market conditions, sector policy, or technology change. It recommends combining the screen with other fundamental or technical measures. No historical test, return evidence, trading schedule beyond the auction reference, or position and exit rules are supplied. As presented, it is a narrow selection heuristic rather than a fully specified or validated trading system.

Key ideas

• The proposed universe is metaverse-themed mainland Chinese stocks.
• The rule ranks stocks by today’s auction amount and keeps the top five before filtering prior-day limit-up shares.
• The Python example ranks by circulating market capitalization, which differs from the stated auction-amount rule.
• The note gives no backtest or evidence of profitability and leaves execution and risk rules unspecified.

Tags

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