Metaverse Stock Screening with Turnover and an Arc-Shaped Indicator

Summary

This note describes a Chinese A-share screen combining membership in a metaverse category, a turnover-related filter, and an arc-shaped price indicator. Its formula reference expresses the indicator as a 60-period absolute moving average of log price changes, with a stated range for qualifying values. The accompanying Python sketch applies similar conditions to daily stock data and then keeps a fraction of the selected names based on gains.

The article characterizes the added indicator as a way to favor stocks with a promising trend, but provides no backtest, performance figures, or validation of that interpretation. It also warns that the screen omits fundamentals, overall market conditions, and policy factors, and that the indicator can be misapplied or produce false signals. The turnover description and formula are not fully consistent: the prose says yesterday’s turnover exceeds 8%, while the formula compares the current value with the prior value. These details should be checked before implementation.

Key ideas

• The screen combines metaverse category membership with a turnover condition and an arc-shaped technical indicator.
• The indicator is defined using a 60-period absolute moving average of log price changes.
• The Python example further filters qualifying stocks by recent gains.
• The article offers no performance evidence and cautions that fundamentals, market conditions, and policy factors are excluded.
• The prose description of the turnover threshold differs from the provided formula.

Tags

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