Screening Metaverse Stocks by Volume Ratio and Intraday Decline

Summary

This stock screen targets companies classified in the metaverse industry, requiring a volume ratio above 1.5 and below 6, along with a specified intraday high-price decline of between 4% and 5% relative to the previous close. The post presents the rules as a simple way to combine trading activity with a sharp daily pullback. It includes example selection logic, but no backtest, portfolio construction, or performance evidence.

The source warns that the screen focuses on a single day's price movement and volume, without evaluating long-term price trends or company quality. It suggests adding financial measures and broader company and industry analysis. The supplied example code and prose should be read cautiously: the written criteria are clearer than some implementation details, and the post does not establish that the selected stocks have positive expected returns.

Key ideas

• The screen restricts candidates to the metaverse industry.
• It requires volume ratio to be greater than 1.5 and less than 6.
• It selects stocks whose intraday high is 4% to 5% below the previous close.
• The rules omit long-term trend and fundamental company quality.
• The post provides no evidence that the screen is profitable.

Tags

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