Screening Metaverse Stocks with Market Capitalization and Auction Activity

Summary

This stock-selection note screens Chinese equities in the metaverse theme with circulating market capitalization above a stated threshold. It further applies a condition linking the prior day’s turnover rate with the ratio of today’s opening auction volume to the prior day’s volume, seeking stocks with active recent trading. The article includes formula and Python examples for filtering candidates.

The article characterizes the approach as sensitive to short-term market activity and warns that it may encourage chasing prices. It gives no backtest or return evidence, and the formula descriptions and sample code appear to express the volume and turnover relationship inconsistently. The screen also omits company fundamentals and is exposed to market fluctuations. The author suggests adding more stable fundamental measures, using historical data to adjust criteria, and setting stop-loss rules.

Key ideas

• The screen focuses on metaverse-theme stocks above a circulating market-cap threshold.
• It uses turnover and opening auction volume relative to prior-day volume to identify active names.
• The article supplies example formulas and code but no evidence of historical performance.
• Its descriptions and code may not calculate the stated turnover and volume condition consistently.
• The method is sensitive to short-term market moves and omits fundamental analysis.

Tags

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