Screening Metaverse Stocks by Float Market Value and Prior-Day Limit-Ups
Summary
The document proposes a Chinese equity screen for stocks associated with the metaverse theme, with circulating market value above 10 billion yuan, excluding stocks that hit the daily price limit on the previous trading day. The rationale is to focus on a favored theme and larger firms while avoiding names that have just experienced an unusually strong move.
No backtest results or evidence are provided. The document notes that short-term price action may not reflect fundamental value and that excluding recent limit-up stocks could remove future winners. It suggests combining the screen with technical and fundamental measures, industry analysis, and exit controls. Its sample Python logic appears to identify metaverse stocks through a code-prefix filter and checks historical limit-up labels; it does not clearly implement the stated market-value threshold. The strategy therefore requires data and rule validation before use.
Key ideas
- The proposed screen targets metaverse-related Chinese stocks above a circulating market-value threshold.
- It excludes stocks that reached the daily limit on the previous trading day.
- The document gives no backtest evidence and acknowledges that the filter may miss subsequent winners.
- The sample implementation does not clearly apply the stated market-value condition.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.