Screening Chinese Metaverse Stocks by Float Value and Afternoon Order Flow

Summary

This Chinese stock screen selects companies in the metaverse concept group with circulating market capitalization above 10 billion yuan and positive afternoon net inflow from large orders. The document describes these as three conjunctive filters and provides references for implementing them in a stock-data platform and in QuantAxis, including a sample date for retrieving intraday data.

The author suggests that the screen may favor stocks showing favorable short-term activity, but offers no backtest, returns, benchmark, or evidence that the filters predict future performance. The article itself cautions that order flow can encourage short-term chasing while overlooking fundamentals and longer-term trends. It recommends considering company results, financial measures, broader market direction, and explicit profit-taking, stop-loss, and position-adjustment rules. The market-cap threshold appears with differing units in the prose and code examples, so the implementation should be checked against the intended currency and data field before use.

Key ideas

• The screen combines metaverse sector membership, circulating market capitalization above 10 billion yuan, and positive afternoon large-order net inflow.
• The large-order flow condition is based on an afternoon net-flow indicator.
• The article provides platform and Python implementation references, but no performance evidence.
• The author flags short-term bias and neglect of fundamentals and longer-term market trends as risks.
• The market-cap threshold's units differ between the prose and code example and should be validated.

Tags

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