Metaverse Stock Screen Using Turnover and RSI Filters

Summary

This Chinese-language post proposes screening metaverse-related stocks using the previous day's actual turnover rate, with a stated range above 3% and below 28%, and a 14-period RSI below 65. The stated rationale is to focus on stocks with some trading activity while using RSI as a timing filter. The post also acknowledges that RSI is a short-term measure and that the screen omits company fundamentals and broader industry prospects; it suggests adding fundamental inputs and dynamic stop-loss rules.

The post provides a formula reference and sample Python, but the implementation does not cleanly match the stated screen: it filters percentage price change rather than actual turnover, and it also requires positive change. The sample therefore should not be treated as evidence that the intended turnover-based strategy was tested. No return series or backtest results are included, so the screen's performance and risk characteristics remain unestablished.

Key ideas

• The stated screen selects metaverse stocks with prior-day actual turnover above 3% and below 28%.
• It applies a 14-period RSI threshold below 65 as an additional filter.
• The post warns that RSI is short term and that fundamental and industry factors are omitted.
• The sample Python filters price change rather than actual turnover, so it diverges from the stated rule.
• No performance results are provided for the proposed screen.

Tags

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