Screening Metaverse Stocks by Prior-Day Turnover and Dragon-Tiger List Activity

Summary

This A-share stock selection rule screens companies classified in the metaverse industry for two signs of recent activity: appearing on the prior day’s Dragon-Tiger list and recording prior-day trading turnover above 60 million yuan. The article presents the screen as a way to focus on market themes and stocks attracting substantial trading, while noting that it does not account for fundamentals by default.

The post gives equivalent screening conditions and outlines using market data to identify eligible stocks. It warns that the turnover threshold is a judgment call and that low-priced or sharply rising stocks may carry greater risk. Suggested refinements include adding valuation measures such as price-to-earnings or price-to-book ratios and using historical backtesting. No backtest results or performance evidence are reported, and the screen’s dependence on a sector label, daily activity, and prior-day list membership may make it sensitive to data quality and changing market conditions.

Key ideas

• The screen selects metaverse-sector stocks that appeared on the prior day’s Dragon-Tiger list.
• It also requires prior-day turnover to exceed 60 million yuan.
• The rule prioritizes thematic attention and trading activity over fundamental analysis.
• The post suggests adding valuation measures and using backtests to refine the screen.
• It warns that low-priced and sharply rising stocks can carry elevated risk.

Tags

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