Screening 2021 Metaverse Stocks with a Custom Arc Pattern
Summary
This post proposes screening Chinese stocks by metaverse industry membership, a custom “arc” pattern, and dates within 2021. It describes using industry data and a date filter, then adding technical and fundamental measures for a broader assessment. The Python example retrieves A-share quotes and historical prices, calculates a measure from the daily high, low, and prior close, and applies the filters.
The method is only a rough template. The supplied calculation measures a normalized high-low range; it does not establish that a price chart forms an arc. The post gives no backtest, selected stocks, performance results, or evidence that the screen identifies promising investments. It also warns that chasing a hot theme, concentrating in one industry, and restricting analysis to a single year can create risk or statistical bias. Any practical use would require a precise pattern definition, suitable historical data, and independent testing.
Key ideas
- The screen combines metaverse industry membership, a custom pattern condition, and a 2021 date range.
- The example indicator measures the daily high-low range relative to the previous close.
- That range calculation does not by itself identify an arc-shaped price pattern.
- The post suggests adding technical and fundamental criteria but provides no test results.
- Theme concentration and single-year selection can increase risk and statistical bias.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.