Screening Metaverse Stocks by Float and Prior Opening Auction Limit-Down

Summary

The document describes a Chinese A-share screening rule for metaverse-related stocks. It selects companies with a circulating share count no greater than 5.5 billion and a prior-day 9:15 opening-auction matched price at the limit down. The accompanying Python example expresses the price condition as a decline of roughly 9.9% or more and filters by industry and circulating market capitalization.

The article frames the screen as a way to find sharply falling stocks for short-term trading, but provides no backtest, performance evidence, or rules for entry, exit, or position sizing. It cautions that the signal may reflect news or industry conditions and that the screen omits fundamentals such as valuation and debt. The stated share-count condition and the code's market-cap field may also represent different measures, so implementation needs data-field verification. The rule is a screening idea, not evidence that a rebound or sustained trend will follow.

Key ideas

• The screen targets metaverse stocks with circulating shares capped at 5.5 billion.
• It uses the previous day's 9:15 auction price reaching the limit-down threshold as a selection signal.
• The example code represents the decline threshold as approximately 9.9% or greater.
• The document gives no performance testing and warns that news and fundamentals can affect the signal.

Tags

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