Screening Metaverse Stocks by Range and Positive MACD
Summary
This document proposes a stock screen requiring a daily price amplitude above a stated threshold, MACD above its zero line, and membership in the metaverse concept group. It presents the concept theme as an additional selection dimension and gives indicator formulas plus a Python example intended to combine price movement, MACD, and concept membership.
The author cautions that metaverse classification is subjective and that stocks associated with the theme may be speculative. The suggestion to add other themes is not accompanied by a defined selection method or validation. No backtest, sample, or performance results are reported, and the code example's data operations do not clearly establish a consistent stock-level calculation. The document therefore communicates a screening idea, not evidence that the criteria predict returns; classification quality, signal construction, and risk controls remain open issues.
Key ideas
- The proposed screen combines daily amplitude, positive MACD, and metaverse concept membership.
- The document gives indicator definitions and a code sketch for combining the conditions.
- Metaverse classification can be subjective, and theme-linked shares may be speculative.
- No backtest or performance evidence is supplied, and the example implementation needs validation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.