Screening Filters & Rationale
Market Cap >= 2 Billion:
- Purpose: Focus on mid-to-large cap stocks for stability and reduced risk.
- Rationale: Larger companies are generally less volatile and more resilient during market corrections.
Beta (LowRisk, ModerateRisk):
- Purpose: Select stocks with low to moderate market sensitivity.
- Rationale: Reduces exposure to high volatility, aligning with a more conservative investment approach.
Weekly Average Turnover >= 1 Million:
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover indicates active trading and investor interest, reducing the risk of illiquidity.
RSI (14) between 0 and 30:
- Purpose: Identify oversold stocks with potential for rebound.
- Rationale: RSI below 30 suggests the stock may be undervalued and poised for recovery.
Weekly Price Change % between -100 and -5:
- Purpose: Target stocks that experienced significant corrections.
- Rationale: A sharp decline may present a buying opportunity if fundamentals remain strong.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.