Screening Metaverse Stocks by Auction Net Buying and Price

Summary

This note presents a Chinese stock screen for companies classified in the metaverse theme, with positive net buying attributed to major participants during the auction and a share price below 12. The rationale is to combine a thematic category, an order-flow-related condition, and a low nominal price when selecting candidates. It also includes example formula and Python approaches, though the implementation details do not clearly match every stated condition.

The document offers no performance results or evidence that the screen identifies attractive investments. It acknowledges that the three filters are limited, market data may be imperfect or lagged, and the selection may not capture broader risks. It suggests updating the criteria and widening the analysis, but gives no concrete validation method, entry or exit rules, or position sizing approach. The low share price alone does not establish that a stock is undervalued or low risk.

Key ideas

• The screen selects metaverse-themed stocks with positive auction net buying and a price below 12.
• Its rationale combines thematic exposure, an auction flow measure, and nominal share price.
• The note supplies illustrative formulas and code, but the examples may not faithfully implement the described criteria.
• No backtest or evidence supports the proposed return or risk profile; broader evaluation is needed.

Tags

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