Metaverse Stock Selection by Auction Amount and Revenue Growth
Summary
This A-share selection method focuses on metaverse-related companies, ranks them by the day's opening auction amount, and chooses the top five, subject to a revenue-growth condition. The original description compares 2021 revenue with 2018 revenue and requires a ratio above 1.1; its proposed final screen instead refers to comparison with 2019 revenue. It presents auction activity as a ranking signal and revenue growth as a basic company-quality filter.
The article warns that a single year's revenue comparison can be too narrow, revenue alone does not capture business quality, and auction amount may not represent intrinsic value. It suggests using a longer revenue window and adding measures such as market capitalization, return on equity, or technical indicators. Its code examples do not consistently implement the described method: the sample ranks by closing price rather than auction amount, and the revenue-ratio fields appear mismatched. No backtest or performance evidence is provided.
Key ideas
- The proposed universe is metaverse-related A-shares, ranked by opening auction amount, with the top five selected.
- The revenue threshold is described inconsistently as a 2021-to-2018 comparison and a 2021-to-2019 comparison.
- The article cautions that revenue growth alone and auction activity alone may not measure company quality or value.
- It suggests longer-term revenue comparisons and additional quality or technical measures.
- The code examples do not reliably match the stated auction ranking and revenue condition, and no performance results are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.