Metaverse Stock Screening by Turnover and Float Shares

Summary

This Chinese equity screen selects stocks associated with the metaverse theme when the previous day’s actual turnover rate is between 3% and 28% and floating shares do not exceed 5.5 billion. The turnover band is presented as a way to focus on stocks with trading activity, while the float-share ceiling targets companies with a relatively limited supply of freely tradable shares. The note also names platform-specific fields for the theme, turnover, and float-share filters and includes an example data workflow.

The article offers a rationale for these conditions but no backtest, sample results, or evidence that the theme or turnover range predicts returns. It warns that smaller floats can mean weaker liquidity and that sector competition, technology, and policy can affect company prospects. It suggests combining the screen with valuation, broader market and industry measures, and technical indicators. As written, this is a candidate filter rather than a full strategy; it does not specify entries, exits, position sizing, or how to handle changing theme classifications.

Key ideas

• The screen targets metaverse-related stocks with previous-day turnover between 3% and 28%.
• It caps floating shares at 5.5 billion.
• The note provides selection logic but no performance evaluation.
• Small floats may increase liquidity risk, and sector or policy changes may affect outcomes.

Tags

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