Screening Metaverse Stocks by Turnover and Pledge Ratio

Summary

This Chinese-language post outlines an equity screen for companies classified in the metaverse theme. It selects stocks whose actual turnover rate from two sessions earlier falls between 3% and 28%, and whose current control-related measure exceeds 21. The post equates that measure with the share-pledge ratio and gives examples of expressing the screen in several platforms, along with a Python workflow that combines industry membership, turnover, and pledge data.

The author suggests that turnover may indicate trading activity and interprets a high pledge ratio as evidence of control, but the post does not provide a backtest or performance evidence supporting those assumptions. It explicitly cautions that the screen omits other financial and technical measures, that a high pledge ratio does not ensure price appreciation, and that unstable markets can raise risk. Suggested refinements include adding valuation or technical criteria, weighting the control measure, and adapting conditions to market regimes. The stated rules and example data workflow should be treated as a screening recipe, not a validated investment strategy.

Key ideas

• The screen targets metaverse-themed stocks using turnover from two sessions earlier and a pledge-ratio threshold.
• The post interprets turnover as a sign of activity and pledge ratio as a control measure, without supplying evidence that they predict returns.
• It warns that the rules omit other company and market information and may be risky in unstable conditions.
• The author suggests combining the screen with valuation, technical measures, or regime-aware rules.

Tags

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