Screening Metaverse Stocks by Float Market Value and Listing Age

Summary

This note describes a Chinese equity screen for stocks classified in the metaverse theme, with circulating market capitalization above 10 billion yuan and more than three years since listing. It presents the listing-age threshold as a way to favor companies with a longer public-market history, and includes sample screening logic and code using stock-block, market-value, and IPO-date data. The suggested filter is a universe-selection rule rather than an entry or exit strategy.

The document provides no backtest, valuation analysis, or evidence that theme membership, company size, or listing age predicts returns. It warns that the age requirement may exclude younger growth companies and may respond slowly to emerging industries. It suggests adding company financial measures and risk controls. The examples contain a material inconsistency: one Python condition uses a market-cap threshold of 1 billion yuan, while the stated rule and formula use 10 billion yuan. Data definitions and the meaning of metaverse membership also require verification before implementation.

Key ideas

• The stated screen selects metaverse-themed shares with circulating market value above 10 billion yuan.
• It requires more than three years since the company listed.
• The document presents this as a universe filter and provides example implementation logic.
• It offers no backtest or evidence that the criteria predict returns.
• The Python example's market-value threshold conflicts with the stated threshold.

Tags

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