Metaverse Stocks Ranked by Auction Amount with Rising DEA

Summary

This note describes a Chinese equity screen for metaverse stocks. It selects the five highest-ranked stocks by the day’s auction amount, then requires the DEA line to be rising compared with its previous value. The note gives an equivalent screening expression and a Python example intended to rank candidates using MACD-related data.

The strategy combines auction activity with a short-term technical direction condition, but provides no performance results or backtest evidence. Its own risk discussion points out that DEA can lag price moves, auction amount alone may not represent fundamental value, and relying on one indicator can produce weak selections. It suggests adding financial measures and other technical indicators, though these additions are not tested. The Python example’s implementation does not clearly reproduce the stated auction-amount ranking and DEA condition, so it should be treated as illustrative rather than a validated implementation.

Key ideas

• The screen focuses on metaverse stocks and ranks them by current auction amount.
• Candidates must also have a DEA value above its prior value.
• The note warns that DEA may lag and auction activity is not a measure of company value.
• No backtest or evidence of profitability is provided.
• The accompanying Python example may not faithfully implement the stated screening logic.

Tags

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