Metaverse Stock Screening with Volume Ratio and Auction Net Buying

Summary

This note describes a Chinese equity screen for metaverse-themed stocks. Its stated criteria are a volume ratio above 1.5 and below 6, positive net buying by major participants during the opening auction, and— in the final version—a price-to-earnings ratio between 0 and 150. The discussion presents elevated but bounded relative volume and positive auction flows as signs of market interest, then suggests adding valuation and other technical measures such as KDJ or MACD.

The document offers sample indicator and Python implementations, but they do not consistently match the stated rules: the indicator example tests net inflow below zero, while the prose requires it above zero. The Python calculation also uses a volume comparison whose meaning may not align with a standard volume ratio. No backtest results or performance evidence are provided. The screen omits deeper fundamental analysis and relies on a small set of potentially unstable signals, so the note recommends broader assessment rather than treating its selections as validated investments.

Key ideas

• The stated screen targets metaverse stocks with a volume ratio above 1.5 and below 6.
• The final selection logic also requires positive opening-auction net buying and a price-to-earnings ratio from 0 to 150.
• The document suggests adding valuation measures and other technical indicators for broader assessment.
• Its sample indicator rule conflicts with the prose about the direction of net buying.
• No performance results are reported, and the criteria may produce unstable selections.

Tags

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