Metaverse Stock Screening by Opening Gain and Turnover

Summary

This Chinese stock screen focuses on the metaverse industry and combines an early-session gain below 6% with a turnover range of 3% to 12%. The post frames the rules as a way to focus on short-term candidates while accounting for liquidity through turnover. It includes indicator and Python examples, but the examples approximate the stated 9:25 a.m. price-change condition with a daily close-to-prior-close calculation; they therefore may not implement the described timing precisely. The technical-indicator snippet also includes MACD calculations that are not part of the final stated selection rule.

The article warns that the screen may miss longer-term trends and that turnover alone can exclude value-oriented stocks. It suggests adding financial measures such as valuation and profitability ratios, as well as other technical filters or a narrower industry focus. No backtest or return evidence is presented, and the stated conditions do not establish that selected stocks have positive expected returns. The time of measurement, turnover calculation, and source data should be made consistent before evaluating the screen.

Key ideas

• The stated screen selects metaverse stocks with a 9:25 a.m. gain below 6% and turnover between 3% and 12%.
• The article treats turnover as a way to account for liquidity in a short-term stock screen.
• Its Python example uses daily closing prices, which may not reproduce the stated 9:25 a.m. condition.
• The post cautions that turnover filters can overlook value stocks and that the screen may miss longer-term trends.
• No backtest or performance evidence is supplied.

Tags

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