Screening Filters & Rationale
Price (max: $5):
- Purpose: Identify stocks priced under $5 to meet the user's budget-friendly investment criteria.
- Rationale: Low-priced stocks can offer high growth potential for investors seeking affordable entry points.
Relative Volume (min: 1.5):
- Purpose: Focus on stocks with trading activity at least 1.5 times their average volume.
- Rationale: High relative volume indicates increased market interest, which may signal potential price movement.
Beta (HighRisk):
- Purpose: Target stocks with high beta values to align with a high-risk, high-reward investment strategy.
- Rationale: High beta stocks are more volatile, offering greater potential for significant price changes.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure selected stocks have a minimum weekly trading turnover of 1,000,000 shares.
- Rationale: High turnover reflects liquidity, reducing the risk of price manipulation and ensuring ease of trade execution.
Monthly Price Change Percentage (min: 0%):
- Purpose: Include stocks with positive or neutral price performance over the past month.
- Rationale: Positive momentum suggests potential for continued growth or stability in the near term.
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.