Metaverse Stock Screening with Price and Turnover Filters

Summary

This note describes a Chinese equity screen that selects stocks associated with the metaverse theme, with a close above the previous session’s low and turnover between 2% and 9%. It presents the price condition as a way to identify a potentially improving short-term setup, while the turnover band is intended to exclude unusually inactive or active stocks.

The article gives indicator and Python examples, including an optional equal-weight allocation and a stop level based on a rolling low. It reports no backtest, performance figures, or empirical evidence that the screen predicts returns. The rationale that these filters indicate a rebound or long-term investment potential is asserted rather than demonstrated. The screen omits fundamentals and other market information; the note also cautions that turnover can have different meanings across industries and suggests adding financial and technical measures or adapting conditions to market regimes.

Key ideas

• The screen combines metaverse theme membership with a close above the previous day’s low.
• It restricts turnover to the stated range of 2% to 9%.
• The examples include equal weighting and a stop based on a rolling price low.
• The article provides no evidence of profitability and notes that the screen omits fundamentals and other relevant inputs.

Tags

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