Screening Metaverse Stocks by Opening Price and Auction Move

Summary

This note describes a Chinese equity screen that selects companies classified in the metaverse industry, whose opening price is near the 10-day moving average, and whose opening auction gain falls within a specified band. Its proposed final version tightens the auction range to roughly -1% to 3%. The article also supplies indicator and Python examples, though the Python filters do not line up cleanly with the stated opening-auction rule.

The screen combines an industry classification with simple price and short-term trend conditions. The author warns that the auction range is broad and that relying on only these measures omits other market and fundamental information. Suggested refinements include valuation or size filters and narrower auction limits. No backtest, performance evidence, or validation is reported, so the screen should be treated as a candidate selection rule rather than an established strategy.

Key ideas

• The screen focuses on metaverse industry stocks opening near their 10-day moving average.
• The proposed final auction gain band is approximately -1% to 3%.
• The article combines industry classification with short-term price conditions.
• The code examples do not fully match the described auction-based criteria.
• No performance testing is provided, and the author identifies missing fundamental and market factors as risks.

Tags

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