Screening Metaverse Stocks Near Their Ten-Day Opening-Price Average

Summary

This note presents a simple stock screen for companies in the metaverse theme with circulating market capitalization above 10 billion yuan. It selects stocks whose opening price is within roughly five percent of the ten-day moving average of opening prices. The text provides indicator definitions and a Python-style example, but no portfolio construction rules, entry or exit logic, or reported backtest results.

The proposed rationale is to pair a thematic and size filter with a short-term price reference. The article recognizes that a ten-day average is backward-looking and may lag changes in price. It suggests supplementing the screen with other technical indicators and fundamental measures such as valuation ratios. Because “near” is not inherently defined, the example supplies its own tolerance band; data alignment and how often the screen is run would also affect results. The document offers a candidate-selection rule, not evidence of a profitable trading strategy.

Key ideas

• The screen targets metaverse stocks with circulating market capitalization above 10 billion yuan.
• It defines proximity to the ten-day opening-price average using a band of about five percent on either side.
• The moving average is a lagging historical indicator and may not capture future prospects.
• The document suggests adding technical and fundamental filters but reports no backtest evidence.

Tags

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