Metaverse Stock Screening with Relative Volume and Afternoon Inflows
Summary
This stock-selection method targets companies in the metaverse concept group, with relative volume above 1.5 and below 6, alongside afternoon net inflows from large orders. The document links large-order inflows to market sentiment and describes the relative-volume band as an additional activity filter. Its examples also include recent price movement and an intraday rise, though the stated screening rules and example conditions are not fully aligned.
The article provides formula and Python examples but no backtest, performance results, or validation of the signals. It cautions that afternoon inflows are a subjective, sentiment-sensitive measure and that relying on them without additional filters may lead to overreacting to market mood. RSI and adjustments to the observation period are suggested as potential refinements, but are not evaluated.
Key ideas
- The stated screen selects metaverse stocks with relative volume between 1.5 and 6.
- It also requires afternoon net inflows from large orders.
- The examples add price conditions that do not fully match the written rules.
- No performance evidence is supplied, and the inflow measure may be subjective.
- The article suggests adding other indicators such as RSI for confirmation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.