Screening Chinese Metaverse Stocks with MACD and Liquidity Filters

Summary

The document proposes a China A-share screening rule focused on companies classified in the metaverse industry. Its initial filters include a limit on tradable share count and a positive MACD reading. A later version adds a market-cap ceiling and selects stocks whose turnover ranks in the upper half of their industry. The text also sketches a Python workflow for retrieving stock data, calculating indicators, and applying the filters, but leaves key calculations as placeholders.

The author notes that MACD can lag and that a short-term technical screen may miss long-term fundamentals and macroeconomic conditions. The suggested additions of fundamental data, macro factors, and other price or volume measures are recommendations rather than tested improvements. No backtest, returns, benchmark, or detailed execution rules are given, so the screen should be treated as a proposed selection concept rather than evidence of a profitable strategy.

Key ideas

• The proposed universe is Chinese A-shares in the metaverse industry.
• The screen combines positive MACD with limits on tradable shares and market capitalization.
• Turnover is ranked within each industry, with the later rule selecting the upper half.
• The document warns that MACD may lag and that technical filters can miss fundamental and macroeconomic factors.
• The strategy is not supported by reported backtest results.

Tags

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