Chinese Equities Screen Using a Metaverse Theme, Long-Term Trend, Volume, and Gap

Summary

The document describes a Chinese stock screen combining four conditions: membership in the metaverse theme, price above the 250-day moving average, current volume above 10,000 lots, and an opening price above the previous close. It presents these rules as a way to identify themed stocks with a long-term price filter, elevated activity, and a positive opening gap. A code example illustrates filtering themed constituents and checking price, volume, and opening conditions, alongside exclusions based on listing details.

The discussion offers no backtest or performance evidence. It notes that historical price filters can lag changing conditions, large-volume stocks may be influenced by large traders, and gap-ups can carry higher volatility. It suggests adding financial and performance measures, considering liquidity and investor flows, and using more indicators, but does not specify or evaluate those additions. The wording alternates between yesterday's price and the current price relative to the moving average, leaving some implementation ambiguity.

Key ideas

• The screen targets stocks in the metaverse theme that trade above a 250-day moving average.
• It requires volume above 10,000 lots and an opening price above the prior close.
• The provided code example also filters some stocks by listing date, exchange, and name.
• The document warns that volume and gap-up conditions can increase risk and that historical filters may lag.
• No performance results or backtest evidence are provided.

Tags

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