Metaverse Stock Screen Using Turnover, Price, ROE, and MACD

Summary

This article outlines a proposed screen for Chinese metaverse stocks. Its initial filters are a prior-day turnover condition and a share price below 12 yuan; the refined version adds ROE above 10%, a bullish MACD crossover, and ranking by daily price change. It also gives example indicator formulas and a Python sketch for selecting stocks from the metaverse group.

The article argues that turnover may indicate recent trading activity and that low-priced shares may have room to rise, but it provides no backtest or performance evidence for those claims. It acknowledges that the selection is exposed to market swings and special events, relies on limited price-based criteria, and may be unsuitable as a stable long-term portfolio. It suggests adding profitability and technical measures, though the provided code and formulas may not implement every stated condition consistently; for example, the turnover formula compares a volume-related field across days. The screen is therefore best read as an illustrative rule set, not a validated strategy.

Key ideas

• The proposed screen focuses on metaverse stocks with active recent trading and share prices below 12 yuan.
• The refined rules add ROE above 10%, a bullish MACD crossover, and ranking by daily price change.
• The article provides indicator formulas and a Python example, but no backtest results.
• The author warns that event risk and short-term volatility may make the screen unstable.
• Profitability and technical filters are suggested as additions to the basic selection criteria.

Tags

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