Metaverse Stocks with Limited Opening Gains and Large Float Market Value

Summary

This note presents a Chinese equity screen for metaverse-related stocks. It selects companies whose 9:25 price gain is below 6% and whose circulating market capitalization exceeds 10 billion yuan. The accompanying explanation treats the opening move limit as a way to constrain short-term price strength and the market-value floor as a way to favor larger companies. It also suggests adding moving averages, Bollinger Bands, RSI, and fundamental measures such as price-to-earnings or price-to-book ratios.

The document includes sample screening logic and code, but provides no historical test, portfolio returns, or evidence that the market-value threshold creates a safety margin or predicts long-term prospects. It acknowledges that market volatility can affect the screen and that restrictive conditions may reduce its practical usefulness. The examples also use prior daily open and close data to represent the 9:25 condition, so implementation may not exactly match a true opening-auction observation. The rule is a basic filter rather than a complete trading strategy.

Key ideas

• The screen requires a metaverse classification, an opening gain below 6%, and circulating market value above 10 billion yuan.
• The author frames the market-value threshold as a way to focus on larger companies.
• Suggested additions include technical indicators and valuation measures.
• The document reports no backtest or performance evidence.
• Its sample daily-data calculation may not precisely represent the stated 9:25 auction condition.

Tags

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