Screening Metaverse Stocks by Turnover and Relative Volume

Summary

This stock-selection screen targets the metaverse sector and filters for elevated turnover and relative trading volume. Its stated final rules require yesterday’s turnover to exceed 8%, while the volume ratio must be above 1.5 and below 6. The article illustrates the filters with both a platform formula and a Python-oriented workflow that retrieves sector membership and daily stock data, then checks the volume conditions. It also mentions retaining a subset of selected stocks based on recent returns.

The screen emphasizes trading activity and liquidity, but the article warns that volume measures alone do not account for company fundamentals, broad market conditions, or policy changes. It questions the reliability of the volume ratio and notes that less liquid shares may still pass. No backtest results or performance evidence are supplied, and the code example’s final ranking step is not fully explained.

Key ideas

• The screen focuses on metaverse stocks with prior-day turnover above 8%.
• It requires the volume ratio to fall between 1.5 and 6.
• The examples show how to apply sector and volume filters using platform formulas or daily stock data.
• Volume-based screening omits fundamentals and broader market or policy conditions.
• The document supplies no backtest evidence for the screen.

Tags

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