Metaverse Stock Screening with a Five-Day Moving Average and Turnover

Summary

This note describes a China-market stock screen for companies classified in the metaverse theme. It selects stocks whose closing price is above the five-day moving average and whose previous-day traded value exceeds 60 million. The author presents the conditions as signs of short-term upward movement and market activity, and gives examples of expressing the screen in a platform formula and a Python data workflow.

The note offers no backtest, performance figures, or comparison with a benchmark, so it does not establish that the filter is profitable. It also flags that a short moving average can miss longer-term direction and that a single day of turnover does not measure a company’s fundamental prospects. The suggested improvements are to add technical and fundamental criteria and periodically reassess the screen. Investors would need to define the universe and timing carefully when implementing it.

Key ideas

• The screen limits candidates to stocks tagged as belonging to the metaverse theme.
• It requires the closing price to exceed its five-day moving average.
• It also filters for previous-day traded value above 60 million.
• The note provides formula and Python implementation examples but no performance evidence.
• It recommends adding longer-term and fundamental checks to address the screen’s limits.

Tags

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