Metaverse Stock Screen Using Prior Turnover and a Low Price Cutoff

Summary

This Chinese stock-selection rule filters metaverse-related shares by their actual turnover rate on the prior day and their share price. The body specifies turnover between 3% and 28% and a closing price below 12 yuan. It describes turnover as a measure of trading activity and presents the price ceiling as a low-price filter. The document includes formula references and an example workflow that merges industry membership with daily trading data, then ranks qualifying stocks by turnover.

The article warns that sector membership and trading activity do not assess company fundamentals, and that low-priced stocks can carry substantial risk and volatility. It recommends adding valuation or earnings measures, setting risk controls such as stop losses, and reviewing the screen periodically. There is a specification conflict: the headline says the price is below 1, while the body and formula example use a 12-yuan threshold. No backtest or performance evidence is included, and the screening rules do not establish that a qualifying stock is undervalued or likely to rise.

Key ideas

• The screen selects metaverse-related stocks with prior-day actual turnover between 3% and 28%.
• The body of the article sets a closing-price ceiling of 12 yuan, although its headline says below 1.
• The example ranks selected stocks by turnover after joining industry and daily trading data.
• The article recommends fundamental checks and risk controls, and provides no backtest evidence.

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