Metaverse Stocks Screened by Relative Volume and MACD

Summary

This Chinese equity screen selects stocks associated with the metaverse theme when their volume ratio is above 1.5 and below 6, daily MACD is positive, and market capitalization is below 50 billion yuan. The article describes the volume ratio as a way to identify elevated trading activity and positive MACD as a sign of upward price momentum. Its proposed refinement combines those signals with a size limit.

The document gives sample indicator logic and code-oriented references, but it reports no backtest, returns, or comparison with a benchmark. It warns that the screen relies heavily on volume and technical signals, omitting other price drivers and company fundamentals. The thematic focus also carries uncertainty because the article says the sector lacks a complete record of market performance. It suggests incorporating additional indicators, fundamentals, and price-volume analysis, without demonstrating that these changes improve results.

Key ideas

• The screen focuses on metaverse-related stocks with volume ratios between 1.5 and 6.
• A positive daily MACD and market capitalization below 50 billion yuan are additional filters.
• The article treats relative volume as a measure of activity and MACD as a momentum signal.
• It cautions that the technical and thematic filters omit other market and company factors.
• No empirical performance results are presented.

Tags

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