Screening Metaverse Stocks by Opening Price, 10-Day Average, and 60 Prefix

Summary

This note describes a Chinese equity screen combining a metaverse industry classification, a stock code beginning with 60, and an opening price near the 10-day moving average. Its indicator example expresses the condition through crossings between the open, the 10-day average of closing prices, and the prior close. A separate Python example instead applies a five-percent proximity test between the latest open and the 10-day average, after filtering for industry and code prefix.

The document gives no performance evidence or backtest results. It cautions that the code prefix does not measure company quality, the universe restriction can exclude potential candidates, and the method omits fundamentals and valuation. It suggests adding industry and company-quality measures and examining fundamentals and valuation. The two examples operationalize “near” differently, so the intended signal needs clarification before implementation.

Key ideas

• The screen combines metaverse membership, a 60-prefixed stock code, and proximity of the open to a 10-day moving average.
• The indicator example uses crossing conditions, while the Python example uses a five-percent distance threshold.
• The code-prefix restriction narrows the candidate universe without assessing company quality.
• The note provides no evidence of returns or risk-adjusted performance.
• Fundamental and valuation analysis could supplement the industry and technical filters.

Tags

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