Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than their average.
- Rationale: High relative volume often indicates increased investor interest and potential price momentum.
Beta (HighRisk):
- Purpose: Focus on high-beta stocks that are more volatile than the market.
- Rationale: High-beta stocks can offer greater returns during short-term market upswings, aligning with a high-risk, high-reward strategy.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure selected stocks have sufficient liquidity for easy entry and exit.
- Rationale: High turnover indicates strong market participation, reducing the risk of illiquidity.
Weekly Price Change Percentage (min: 0%):
- Purpose: Filter for stocks with positive price performance over the week.
- Rationale: Positive weekly price changes suggest upward momentum, aligning with a focus on recent outperformers.
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.