Metaverse Stocks Filtered by Five-Day Average and Auction Net Buying

Summary

This Chinese equity screen focuses on stocks associated with the metaverse concept. It requires the stock price or average price to be above its five-day moving average and auction net buying to be positive, defined in the note as auction transaction amount less auction order amount. The proposed rationale is to combine a short-term price trend with buying activity during the auction. The document also suggests adding technical and fundamental measures and periodically reviewing the criteria.

No backtest results or evidence of predictive performance are provided. The author notes that the screen is simple, auction activity can shift with trading volume, and market or policy changes can affect results. The formula description is ambiguous: it refers to price above the average, while the supplied crossover expression may encode a different condition depending on platform conventions. The Python example also uses data fields and a sector mapping whose relationship to the stated metaverse universe is unclear. Treat the rules as a screening idea that needs precise implementation and testing, not as a demonstrated strategy.

Key ideas

• The screen selects metaverse-related stocks whose price is above a five-day moving average.
• It also requires auction transaction value minus auction order value to be positive.
• The proposed signal combines short-term price strength with auction-period buying activity.
• The document supplies no performance test and warns that auction measures and simple criteria have limitations.
• The formula and sample implementation may not consistently match the stated selection conditions.

Tags

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