China Metaverse Stock Screening by Recent Turnover Ranges

Summary

This stock screen selects companies associated with China’s metaverse theme using actual turnover thresholds across two consecutive sessions. It requires prior-day turnover to fall between 3% and 28%, and current-day turnover to fall between 3% and 12%. The post describes the ranges as proxies for trading activity and market recognition, with the narrower current-day range intended to favor less volatile names. It also includes a sample formula and a Python outline for filtering a stock list and recent price and volume data.

The document gives no historical returns, benchmark comparison, or evidence that the turnover bands predict performance. Its Python example approximates turnover using volume relative to previous volume, which is not the same as actual shares traded as a fraction of shares outstanding. The screen also relies on theme classification and omits fundamentals and broader industry analysis; the author suggests adding those inputs and dynamic stop-loss rules. The selection conditions should therefore be treated as a screening heuristic rather than a tested trading strategy.

Key ideas

• The screen targets metaverse-related Chinese stocks using turnover ranges from the prior and current sessions.
• Prior-day actual turnover must be between 3% and 28%, while current-day actual turnover must be between 3% and 12%.
• The author interprets turnover as a proxy for liquidity and attention, but supplies no performance evidence.
• The sample Python implementation uses volume ratios as turnover proxies, which may not match actual share turnover.
• The document recommends considering fundamentals, industry prospects, additional intraday turnover measures, and stop-loss controls.

Tags

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