Metaverse Stock Screening with Volume Ratio and Convertible Bond Status

Summary

This Chinese equity screening example selects stocks in the metaverse industry with a volume ratio above 1.5 and below 6, a nonempty name for an outstanding convertible bond, and, in its final stated rules, market capitalization below 5 billion yuan. The post describes the bond-status condition as an additional financing-related filter and suggests that volume activity may help identify candidates. It includes sample screening logic, although the code examples differ in their universe and details: one adds a low stochastic condition and market-specific restrictions, while the Python sample uses its own volume and capitalization checks.

The article cautions that outstanding convertible bonds do not fully represent a company's fundamentals and may themselves affect its share price. It proposes adding valuation measures such as price-to-earnings or price-to-book ratios and technical indicators. The post provides no backtest, performance statistics, or evidence that the filters predict returns. Its screen is therefore a candidate-generation rule, and data definitions, thresholds, and inconsistencies between the prose and examples need verification before use.

Key ideas

• The stated screen targets metaverse stocks with a volume ratio between 1.5 and 6 and an outstanding convertible bond name.
• The final rules add a market-capitalization ceiling of 5 billion yuan.
• The code examples include additional conditions and do not fully match the prose description.
• Convertible bond status is not a complete measure of company fundamentals and may influence the stock itself.
• The post offers no performance evidence and recommends adding other fundamental or technical filters.

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