Screening Metaverse Stocks Above the 250-Day Average with Small Float

Summary

This Chinese equity screen combines three criteria: membership in a metaverse-related stock group, the previous day's price above its 250-day moving average, and a circulating share count no greater than 5.5 billion. The article presents the long moving average as a trend filter and the small-float condition as a way to focus on companies with fewer freely tradable shares. It includes formula and code references for selecting candidates.

The article supplies no backtest, performance figures, or evidence that these conditions improve returns. Its own risk discussion notes that concentrating on a popular theme and small-float stocks can overlook company fundamentals and may bring greater volatility or liquidity constraints. The rules are relatively simple and omit explicit portfolio construction, entry and exit criteria, and transaction costs. The code examples also contain additional screening details, so implementations may not match the stated three-condition rule exactly.

Key ideas

• The screen selects metaverse-related stocks trading above their 250-day moving average.
• It also caps the stated circulating share count at 5.5 billion.
• The moving average serves as a long-term price filter, while the theme and float criteria shape the candidate universe.
• The document provides implementation examples but no backtest or evidence of trading performance.
• It warns that thematic concentration and small floats can increase exposure to overlooked fundamentals, volatility, and liquidity risk.

Tags

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