Screening Metaverse Stocks by Rising Averages and Total Assets

Summary

This proposed Chinese equity screen looks for stocks associated with the metaverse concept, a rising 30-day moving average, and total assets above 200 million yuan. The article includes a platform formula reference and a Python example that filters a data frame by concept membership, a price-versus-rolling-average condition, and an asset threshold. Its stated goal is to combine a thematic universe with a simple trend filter and a company-size criterion.

The article does not provide a backtest, selected-stock examples, or evidence that the screen improves returns. Its explanation of the asset threshold is inconsistent: one passage describes the criterion as selecting smaller firms, while the rule itself sets a minimum asset level. The sample uses a close above the prior 30-day average, which is not the same as testing whether the 30-day average is rising. The text also acknowledges that the screen omits broader fundamental and technical assessment and that the fixed threshold may lose relevance across market conditions.

Key ideas

• The proposed universe consists of metaverse-related stocks.
• The stated filters include a rising 30-day average and total assets above 200 million yuan.
• The Python example checks price against a lagged rolling average rather than directly testing whether the average rises.
• The article presents no performance evidence and notes that the screen omits other company and market factors.
• Its explanation of the asset threshold conflicts with the stated minimum-asset rule.

Tags

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