Screening Metaverse Stocks by 2021 Opening Gaps

Summary

This note outlines a Chinese equity screen for stocks classified in the metaverse sector, using a condition that the opening price at 9:25 be less than six percent above the previous close during 2021. It includes a sector-category rule and provides example logic for identifying shares that satisfy the sector and price conditions. The stated rationale is to combine sector exposure with an opening-move filter, while the discussion also recommends considering fundamental quality.

The document offers no backtest, return data, or evidence that the screen identified attractive investments. It acknowledges that a single opening-price observation and a single year's data may not represent longer-term behavior, and that the gap condition alone is incomplete. It suggests incorporating valuation, technical indicators, and broader fundamentals. Its Python example appears to use an early row in each history, so its actual date and observation alignment would need checking before the screen could be relied on.

Key ideas

• The screen selects metaverse-sector stocks with an opening gain below six percent during 2021.
• Its rationale combines sector classification with an opening-price filter.
• The document does not report backtest results or evidence of profitability.
• The single-date and single-condition approach may not capture long-term stock characteristics.
• The example's data-row and date alignment should be verified before use.

Tags

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