Screening Metaverse Stocks by Float Size and Ten-Day Returns

Summary

The document describes a Chinese A-share screen for stocks associated with the metaverse concept. It selects companies with a circulating share count at or below 5.5 billion and a ten-day price gain above zero but below 35 percent. The stated rationale is to narrow the universe to stocks with moderate recent gains and a limited float. Formula and Python examples illustrate calculating the return filter and checking concept membership and circulating market value.

This is a simple selection rule, not a complete trading strategy: it specifies no entry timing, exit rule, position sizing, or portfolio controls. The article offers no backtest or evidence that the filters predict returns. It notes that a short return window can mislead during volatile markets and that concept classifications may be subjective, potentially causing omissions or false inclusions. It recommends considering additional market, financial, technical, and company-specific information.

Key ideas

• The screen focuses on metaverse-concept A-shares with circulating shares at or below 5.5 billion.
• It admits stocks whose ten-day gain is positive and below 35 percent.
• The document provides example logic for applying the concept, float, and return filters.
• The article reports no performance testing and highlights short-window volatility and subjective industry classification as limitations.

Tags

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