Metaverse Stock Screen Using the 10-Day Average and a Price Threshold
Summary
This note describes a Chinese equity screen that first limits candidates to the metaverse sector, then looks for an opening price near the 10-day moving average and a specified low price of 18.5 yuan. The accompanying examples express the moving-average condition using either price crossovers or a tolerance around the average, alongside the sector and price filters.
The article gives no backtest, performance data, or evidence that these conditions predict returns. It cautions that a single price level can be arbitrary, market conditions may change, and the screen omits company fundamentals and risk controls. It suggests broadening the inputs to include business and market information, and adjusting the selection logic as conditions evolve. The code examples are implementation references, and their conditions are not fully consistent with the prose, so the screen would need careful specification before evaluation.
Key ideas
- The screen targets metaverse-sector equities whose opening price is near the 10-day moving average.
- It also requires a low price equal to 18.5 yuan.
- The examples differ in how they define proximity to the moving average.
- The approach uses technical and price filters without fundamental analysis or an explicit risk-control method.
- The article provides no performance evidence and recommends broader data inputs.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.