Screening Chinese Metaverse Stocks by Float, Industry, and Daily Gain

Summary

This note describes a Chinese equity screen for stocks classified in the metaverse industry, with circulating share capital capped at 5.5 billion shares and a daily gain greater than 1%. It presents the move as a way to focus on a popular theme and stocks showing current strength. Example code applies the industry, float, and percentage-change filters to A-share market data; moving-average and stochastic formulas are also supplied as references, but they are not part of the stated selection rule.

The screen is a simple short-term momentum filter, not a tested strategy. The note warns that reacting to a single day’s rise can be speculative, delayed by information, and expose a portfolio to concentration and market risk. It provides no performance data or evidence that the filters predict future returns. It recommends adding company and industry analysis and considering market sentiment, while treating those steps as possible refinements rather than validated improvements.

Key ideas

• The screen selects metaverse stocks with circulating share capital no greater than 5.5 billion shares.
• It requires the stock to have risen by more than 1% that day.
• The moving-average and stochastic formulas are references rather than stated selection conditions.
• The note flags speculation, information delays, concentration, and market risk.
• It offers fundamental and industry analysis as possible additions but gives no tested results.

Tags

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