Screening Metaverse Stocks with a KDJ Crossover and Dividend Filter
Summary
This Chinese equity screening proposal combines membership in the metaverse industry, a newly formed KDJ bullish crossover, and a dividend-related threshold above 25% based on 2019 data. It also specifies selecting before 10 a.m. for same-day trading. The article presents the technical crossover as a timing signal and the dividend condition as a financial filter, and lists possible additions such as MACD, valuation measures, and risk controls.
The document provides example formulas and code, but the dividend calculation is not clearly established: the formula relates FY0 to ROE0, which may not represent a dividend payout ratio, and the code uses similarly named fields without explaining them. The stated selection time also differs between “before 10” and a formula set to 10:00. There is no backtest evidence. The author notes risks from false KDJ signals, price gaps, incomplete data, cash-flow strain from high payouts, and missed opportunities caused by the narrow timing window.
Key ideas
- The proposed screen combines metaverse industry membership, a fresh KDJ bullish crossover, and a dividend-related threshold above 25% based on 2019 data.
- The intended selection is made before 10 a.m. for same-day trading.
- The dividend measure and its implementation are not clearly defined, and the timing descriptions differ.
- The article flags crossover false signals, price gaps, data errors, and possible cash-flow strain.
- No backtest or evidence of profitability is given.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.