Metaverse Stock Screen With a Rising 30-Day Average

Summary

This article presents a Chinese equity selection rule focused on stocks associated with the metaverse concept. Candidates must have a 30-day moving average that is rising and must not be listed on the STAR Market. The article gives screening logic in terms of industry membership, a comparison of the current and prior 30-day average, and exclusion of codes beginning with 688. It also includes a brief Python-style example and suggests equal allocation across selected names.

The author cautions that an industry theme can dominate the selection process while overlooking company-specific fundamentals, technical conditions, and market context. Excluding the STAR Market may also remove promising stocks, while volatility can vary among securities. Suggested improvements include adding broader analysis, setting exit rules and position controls, and applying more careful exclusion criteria. No backtest results or empirical evidence are provided, so the screen’s stated potential and risk reduction are not demonstrated.

Key ideas

• The screen selects metaverse-related equities whose 30-day moving average is rising.
• It excludes STAR Market shares, identified in the example by a 688 code prefix.
• The example proposes distributing capital evenly across the selected stocks.
• The article advises adding fundamental, technical, and market-wide checks alongside the theme filter.
• No historical performance results are presented to validate the strategy.

Tags

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