Screening Metaverse Stocks by Volume Ratio and Recent Returns
Summary
This note describes a Chinese equity screen for metaverse-related stocks. The stated criteria require a volume ratio between 1.5 and 6, a positive 10-day price change below 35%, and, in the final version, a circulating market value above 1 billion yuan. The article presents the screen as a way to find actively traded stocks in a popular sector whose recent gains remain within a chosen range. It includes formula and Python examples, but the Python implementation and the opening description do not consistently reproduce every stated condition.
No backtest, performance data, or evidence that the thresholds have predictive value is provided. The author notes that the screen may be overly dependent on a changing market theme and leaves out company fundamentals and capital-flow information. The criteria are therefore a basic idea for candidate selection, not a tested trading system; the note also gives no entry, exit, or position-sizing rules.
Key ideas
- The screen focuses on stocks classified in the metaverse sector.
- It requires a volume ratio above 1.5 and below 6.
- It selects for a positive 10-day gain below 35% and adds a market-value floor in the final rules.
- The examples do not consistently implement all stated conditions.
- The article gives no performance evidence and warns about sector-hotspot risk and omitted fundamentals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.