Screening Filters & Rationale
AI Beneficiary:
- Purpose: Focus on stocks directly benefiting from advancements in AI.
- Rationale: Ensures alignment with the user's interest in AI-related opportunities for day trading.
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity 1.5x higher than their average.
- Rationale: High relative volume indicates increased market interest, which is crucial for day trading liquidity.
Beta (HighRisk):
- Purpose: Target stocks with high beta values to capture significant price movements.
- Rationale: High-risk stocks are more volatile, offering greater potential for intraday price swings.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure stocks have a minimum weekly trading turnover of $1,000,000.
- Rationale: High turnover reflects strong liquidity, enabling efficient entry and exit during trades.
Weekly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive price momentum over the past week.
- Rationale: Positive momentum suggests upward trends, which can be advantageous for day trading strategies.
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.