Screening Filters & Rationale
Market Cap (min: $50,000,000):
- Purpose: To focus on companies with a minimum level of stability and avoid micro-cap stocks that may be highly speculative.
- Rationale: Ensures the selection includes companies with a reasonable market presence and reduces the risk of extreme volatility.
Price (max: $1):
- Purpose: To identify stocks that are affordable and meet the user's request for low-priced investments.
- Rationale: Targets stocks under $1, aligning with the user's budget and preference for low-cost opportunities.
Quarterly Revenue YoY Growth (min: -20%):
- Purpose: To filter for companies with acceptable revenue performance, even if slightly negative, to avoid those with severe declines.
- Rationale: Focuses on companies showing resilience or moderate growth potential, reducing the risk of selecting businesses in significant financial distress.
Weekly Average Turnover (min: $1,000,000):
- Purpose: To ensure sufficient liquidity for ease of buying and selling the stock.
- Rationale: Prioritizes stocks with higher trading activity, reducing the risk of illiquidity and large bid-ask spreads.
RSI 14 (max: 60):
- Purpose: To identify stocks that are not overbought and may have room for upward movement.
- Rationale: Helps avoid stocks that are potentially overvalued or at risk of a near-term price correction.
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.