Screening Metaverse Stocks by Turnover, Limit-Ups, and Market Capitalization

Summary

The document proposes a Chinese A-share stock screen focused on the metaverse theme. Its initial conditions are yesterday’s turnover above 8% and at least two limit-up events within 500 days. A later version adds a market-capitalization filter, described as selecting stocks in the lowest quarter by market value. The article includes example query logic and Python-style data steps intended to retrieve sector membership, price data, limit-price observations, and market capitalization.

The rationale is to combine recent trading activity with repeated strong price moves, while the market-cap filter narrows the universe. The author acknowledges that the screen emphasizes short-term price behavior and omits fundamentals, and suggests adding business metrics and exit rules. No backtest results, transaction-cost analysis, or evidence of predictive value are supplied. The sample implementation’s data sources and calculations would need careful validation before use, especially because limit-up counts and percentile selection may not match the stated rules exactly.

Key ideas

• The screen targets metaverse stocks with previous-day turnover above 8%.
• It also requires at least two limit-up events during the preceding 500 days.
• The final version adds a market-cap filter for the lower quarter of the universe.
• The article notes that the rules omit fundamentals and provides no performance evidence.

Tags

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