Screening Filters
Price: {'max': '5'}
- Purpose: To identify stocks that are priced below $5.
- Rationale: The user specifically requested stocks priced below $5. This filter ensures that only stocks meeting this price criterion are included in the results.
Market Cap: {'min': '1000000000'}
- Purpose: To focus on stocks with a market capitalization of at least $1 billion.
- Rationale: While the user is interested in low-priced stocks, this filter ensures that the results are limited to companies with a relatively large market capitalization. This helps avoid highly speculative or extremely risky penny stocks, which often have very small market caps and may lack stability.
Weekly Average Turnover: {'min': '1000000'}
- Purpose: To include stocks with a minimum weekly trading volume of $1 million.
- Rationale: This filter ensures that the selected stocks have sufficient liquidity, making them easier to buy and sell without significant price impact. It also helps avoid illiquid stocks that may be more prone to manipulation or extreme volatility.
PE TTM: {'max': '20'}
- Purpose: To screen for stocks with a price-to-earnings (P/E) ratio of 20 or less, based on trailing twelve months (TTM) earnings.
- Rationale: A lower P/E ratio can indicate that a stock is relatively undervalued compared to its earnings. This filter helps identify stocks that may offer better value, aligning with the user's interest in finding potentially attractive investments.
Why Results Match:
- The price filter directly addresses the user's request for stocks priced below $5.
- The market cap filter ensures that the results focus on more established companies, reducing the risk associated with smaller, highly speculative penny stocks.
- The weekly average turnover filter ensures that the selected stocks are liquid and actively traded, making them more practical for investment.
- The P/E ratio filter helps identify stocks that may be undervalued, providing a balance between low price and potential value.
Overall, these filters work together to identify low-priced stocks that are more stable, liquid, and potentially undervalued, aligning with the user's interest in stocks below $5 while mitigating some of the risks associated with penny stocks.
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.