Screening Filters & Rationale
Market Cap >= $500M:
- Purpose: Focus on mid-sized or larger companies to reduce risk associated with smaller, less stable firms.
- Rationale: Companies with a market cap above $500M are generally more established and less volatile.
Price <= $20:
- Purpose: Identify affordable stocks that fit within the user's budget constraints.
- Rationale: Stocks under $20 are accessible for investors seeking lower-cost entry points.
Moderate Beta:
- Purpose: Target stocks with moderate risk levels to balance potential returns and volatility.
- Rationale: Moderate beta ensures the stock moves in line with the market, avoiding excessive risk.
Weekly Average Turnover >= 1M:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
RSI (14) between 30 and 70:
- Purpose: Avoid overbought or oversold stocks to focus on those with stable momentum.
- Rationale: RSI in this range suggests the stock is neither overvalued nor undervalued, aligning with steady performance.
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.