Metaverse Stock Selection Using Auction Rank and 15-Minute MACD

Summary

This note outlines a Chinese stock screen focused on companies classified in the metaverse industry. It ranks stocks by the day’s opening auction amount, keeps the top five, and then requires the 15-minute MACD histogram’s negative bars to be shortening, a condition presented as a possible entry-timing signal. The document includes indicator-rule and Python examples, but does not provide backtest results or evidence of profitability.

The approach combines a narrow industry theme, opening auction activity, and a short-interval technical signal. Its stated limitations are the small eligible universe, dependence on technical interpretation, and lack of fundamental analysis. Suggested adjustments include considering business and valuation measures, broadening the industry definitions to related themes, and testing how the MACD contraction threshold and duration affect selections. The strategy’s concentration and reliance on intraday behavior may make results sensitive to market conditions and implementation choices.

Key ideas

• The screen limits candidates to metaverse industry stocks and ranks them by opening auction amount.
• It selects the top five ranked stocks when the 15-minute MACD histogram is contracting while negative.
• The document offers rule and coding examples but no measured performance results.
• A narrow theme universe can limit diversification.
• The note suggests adding fundamental analysis and evaluating the signal’s parameters.

Tags

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