Screening Metaverse Stocks by Auction Net Buying and Turnover

Summary

This note describes a Chinese equity screen that combines three conditions: membership in the metaverse theme, positive net buying attributed to large traders during the opening auction, and a previous-day turnover rate above 8%. It presents the combination as a way to identify active stocks in a popular sector. It also includes example indicator and data-query references, though the code’s fields and calculations do not clearly match every stated condition.

The document offers no backtest, performance results, or evidence that the screen predicts returns. It acknowledges that market and historical data can be delayed or inaccurate, that fund-flow measures may mislead, and that its risk controls are limited. It suggests adding indicators and reassessing market conditions, but provides no specific position sizing, exit rules, or validation method. The screen is therefore a selection recipe, not a complete trading strategy or evidence of low risk.

Key ideas

• The screen selects stocks associated with the metaverse theme.
• It requires positive net buying attributed to large traders during the opening auction.
• It filters for a previous-day turnover rate above 8%.
• The document warns that flow data can mislead and that risk controls are insufficiently specified.

Tags

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