Screening Filters & Rationale
Market Cap ≥ $10 billion:
- Purpose: Focus on large-cap stocks for stability and lower volatility.
- Rationale: Large-cap companies are typically more established and less prone to extreme price fluctuations.
Low Beta:
- Purpose: Target low-risk investments with reduced sensitivity to market movements.
- Rationale: Low-beta stocks are less volatile, aligning with a conservative investment strategy.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
P/E (TTM) ≤ 15:
- Purpose: Identify undervalued stocks with reasonable earnings relative to price.
- Rationale: A low P/E ratio suggests potential value opportunities and aligns with value investing principles.
RSI (14) ≤ 35:
- Purpose: Highlight oversold stocks with potential for price recovery.
- Rationale: An RSI below 35 indicates a stock may be undervalued and poised for a rebound.
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.