Screening Filters & Rationale
Market Cap (max: $500M):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for rapid price appreciation, aligning with penny stock strategies.
Price (max: $5):
- Purpose: Target low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, offering opportunities for significant percentage gains.
Relative Volume (min: 1.5):
- Purpose: Identify stocks with increased trading activity.
- Rationale: High relative volume indicates heightened investor interest, which can lead to short-term price movements.
Beta (HighRisk):
- Purpose: Select stocks with higher volatility.
- Rationale: High beta stocks are more sensitive to market movements, providing greater potential for rapid gains or losses.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover ensures that the stock is actively traded, reducing the risk of illiquidity and enabling easier entry and exit.
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.