Screening Metaverse Stocks by Volume Ratio and Opening Auction Move

Summary

This Chinese stock screen first limits candidates to the metaverse industry, then selects for a volume ratio above 1.5 and below 6, alongside an opening auction price change between -2% and 5%. Its final stated logic adds a positive price-to-earnings ratio below 150. The post includes example formula and Python-style screening references, but does not report historical results or a tested performance record.

The rationale is to combine an industry theme with unusual trading activity and a bounded pre-open price move. The author identifies important limitations: the screen omits broader fundamental and long-term price analysis, while auction prices can fluctuate sharply and make results unstable. Suggested refinements include adding valuation measures and longer-term indicators. The rules are a candidate-generation filter, not a complete buy or sell system; the document gives no position sizing, exit rules, transaction cost analysis, or evidence that the thresholds are effective.

Key ideas

• The screen targets stocks classified in the metaverse industry.
• It requires a volume ratio between 1.5 and 6 and an opening auction move between -2% and 5%.
• The final version also requires a positive price-to-earnings ratio below 150.
• The post proposes adding fundamental and longer-term trend measures for broader evaluation.
• No backtest or evidence of profitability is provided, and short-term auction moves may be unstable.

Tags

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