Screening Metaverse Stocks by Float Size and Prior-Day Turnover

Summary

The document describes an A-share stock screen for companies classified in the metaverse industry. It selects stocks with circulating shares no greater than 5.5 billion and a prior-day actual turnover rate from 3% to 28%. The stated rationale is to focus on trading activity and liquidity, and it includes a suggested calculation for actual turnover as well as a Python example intended to combine stock and turnover data.

The post gives no performance results, sample period, or comparison with a benchmark, so it offers no evidence that the screen predicts returns. It acknowledges that turnover can vary with market and investor sentiment and that focusing on liquidity omits company fundamentals and growth potential. It suggests adding price fluctuation and block-trade information, but does not test those additions. The provided example is a screening sketch; data definitions, field compatibility, and point-in-time handling are not validated in the post.

Key ideas

• The screen restricts candidates to metaverse stocks with circulating shares at or below 5.5 billion.
• It filters for a prior-day actual turnover rate between 3% and 28%.
• The author frames turnover as a market activity and liquidity measure.
• The post warns that turnover is sentiment-sensitive and does not capture fundamentals.
• No backtest or evidence of investment performance is provided.

Tags

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