Metaverse Stock Screen Using a 250-Day Average and Recent Limit-Up

Summary

This Chinese equity screen selects stocks in the metaverse theme that closed above their 250-day moving average on the prior day and had at least one limit-up event during the preceding 25 days. The note frames the long moving average as a trend or price-stability filter and recent limit-up activity as evidence of a strong price move. Its example code also ranks selected names by trading amount and applies additional listing, exchange, market-capitalization, and name filters.

The article warns that attention to a popular theme and recent price surges can obscure fundamentals, and that the rules may be subjective, statistically unreliable, or sensitive to the number of limit-up stocks. It recommends broader financial and industry analysis and validation to reduce overfitting. No backtest results, precise portfolio rules, or evidence of future predictive value are provided, so the screen is a hypothesis rather than a demonstrated strategy.

Key ideas

• The core screen combines metaverse membership, a close above the 250-day moving average, and a limit-up event within the prior 25 days.
• The example code adds liquidity ranking and several universe filters beyond the stated core logic.
• Theme and recent price-move filters can overlook company fundamentals and broader market conditions.
• The document recommends validating the signals and avoiding overfitting but reports no test results.
• The rules do not specify position sizing, holding period, or exit conditions.

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