Metaverse Stock Screen with Positive Returns and Limit-Up Exclusion

Summary

This post describes a simple China-equity screen: select stocks classified in the metaverse theme, require a positive recent return, and exclude stocks that reached the daily price limit on the prior session. The formula expresses the return and prior limit-up filters using consecutive closing prices, and the Python example sketches how to apply comparable filters to an industry stock list.

The post notes that excluding prior limit-up stocks may miss continued momentum and can add noise. It suggests adding measures such as market capitalization, industry position, turnover, and capital flows, and monitoring longer-term price behavior. No backtest, performance statistics, or precise treatment of the thematic universe and exchange-specific price limits is provided. The examples are therefore screening sketches rather than validated rules; data availability and adjusted versus unadjusted prices could also change which stocks qualify.

Key ideas

• The screen targets metaverse-themed stocks with a positive recent price return.
• It removes stocks whose prior session closed at the daily upper price limit.
• The post warns that this filter can exclude continuing winners and may increase noise.
• It recommends adding company and trading-activity measures, but gives no performance validation.

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