Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on companies with substantial size and stability.
- Rationale: Larger market cap often indicates established businesses with lower risk compared to smaller companies.
Dividend Yield ≥ 2%:
- Purpose: Target investments that provide consistent income.
- Rationale: A higher dividend yield ensures regular returns, aligning with income-focused strategies.
Weekly Average Turnover ≥ 1 million:
- Purpose: Ensure liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
P/E Ratio ≤ 15:
- Purpose: Identify undervalued stocks with strong earnings potential.
- Rationale: A low P/E ratio suggests the stock may be priced attractively relative to its earnings.
RSI (14) between 30 and 33:
- Purpose: Pinpoint stocks that may be oversold and poised for a rebound.
- Rationale: RSI in this range indicates potential undervaluation and a buying opportunity.
P/B Ratio ≤ 1.5:
- Purpose: Focus on companies trading near or below their book value.
- Rationale: A low P/B ratio suggests the stock is undervalued relative to its assets.
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.