Metaverse Stock Screen with Rising 30-Day Average and Revenue Growth
Summary
This Chinese equity screen combines a metaverse industry classification with a rising 30-day moving average and a revenue growth condition. It requires the current 30-day average to exceed its prior value and the stated 2021-to-2018 revenue ratio to be greater than 1.1. The article presents the combination as a way to focus on companies in the theme that also show an upward price trend and higher revenue over the specified years.
It provides indicator expressions and illustrative selection code, including a sample position allocation, but reports no backtest, selected stocks, or investment results. The article notes that financial data may be inaccurate or incomplete and that the screen does not account adequately for industry, policy, or other influences. It recommends assessing data quality, trading costs, rebalancing, and risk controls alongside the screening conditions. The criteria are a starting point for research, not evidence that the selected stocks will outperform.
Key ideas
- The screen limits its universe to stocks classified in the metaverse theme.
- It requires the 30-day moving average to be higher than its previous value.
- It requires the stated 2021-to-2018 revenue ratio to exceed 1.1.
- The article flags data quality and omitted industry and policy factors as limitations.
- No backtest or performance evidence is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.