Metaverse Stock Screening with Positive Returns and 2021 Profit Growth

Summary

This stock screen combines membership in the metaverse industry with a positive return condition and profit growth during 2021. Its formula examples express the return filter as the latest close exceeding the prior close, and compare net profit with its year-ago value for growth. The document also sketches a Python workflow for retrieving candidate stocks and financial data, but the sample code is incomplete and its data calls do not clearly implement the stated industry and period filters.

The rationale is to focus on firms with recent positive price movement and evidence of earnings growth. The author cautions that a single year's growth may not indicate future performance and that the screen could exclude newer entrants whose results have yet to improve. Suggested refinements include adding valuation measures and reviewing earnings growth over multiple years. No backtest, performance evidence, or risk-adjusted results are provided, so this is a screening idea rather than a validated strategy.

Key ideas

• The screen selects metaverse industry stocks with a positive price return and profit growth in 2021.
• The stated price condition compares the latest close with the previous close.
• The document warns that one year's earnings growth may not persist and may omit newer companies.
• It suggests adding valuation measures and checking profit growth across multiple years.
• The examples provide no backtest or evidence of strategy performance.

Tags

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