Metaverse Stock Screen Using Opening Gains and Two-Day Highs

Summary

This short-term A-share screen focuses on stocks classified in the metaverse theme. It seeks names with an opening gain below 6% and a current high equal to the highest high across two days, combining a thematic universe with a near-term price strength condition. The article provides formula-style criteria and a Python example for retrieving sector constituents and applying price and turnover filters.

The proposed interpretation is that a recent high may indicate strength while limiting the opening gain may avoid the most extended moves. The article warns that short-term volatility and a two-day high can create misleading signals, and that recent price behavior may overlook company fundamentals. It suggests adding technical and fundamental filters, such as trend or valuation measures, and considering sector interest. No backtest results or performance evidence are provided, and the example implementations use data fields and definitions that may not line up exactly across platforms.

Key ideas

• The eligible universe is stocks assigned to the metaverse theme.
• The screen limits the opening gain to less than 6% and requires a two-day high.
• The article presents formula and Python examples but no backtest evidence.
• A brief high-price breakout can be noisy and does not account for fundamentals.

Tags

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