Metaverse Stock Screen Using Order-Book Imbalance and a Rising Moving Average

Summary

This Chinese equity screen selects stocks associated with the metaverse theme, requires first-level bid volume to exceed first-level ask volume, and looks for a rising 30-day moving average. The order-book condition is intended as a rough sign of stronger buying interest, while the moving-average condition adds a trend filter. The article provides formulas for these conditions and sample code that also illustrates allocating a fixed share of capital across the selected stocks.

The strategy is presented as a screening concept rather than a tested trading system. The article cautions that bid and ask volumes depend on when they are observed and can be unstable, and that a broad thematic label does not establish a stock’s investment value. It proposes adding technical indicators and fundamental or industry analysis. No historical results, execution assumptions, or evidence that top-of-book volume predicts future returns are supplied.

Key ideas

• The screen combines metaverse-themed stocks with a rising 30-day moving average.
• It also requires first-level bid volume to exceed first-level ask volume.
• Top-of-book volume may be time-sensitive and unstable, limiting its value as a standalone signal.
• The thematic classification alone does not assess a company’s fundamentals or prospects.
• The article suggests adding technical and fundamental factors but provides no performance evidence.

Tags

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