Screening Filters & Rationale
Market Cap (min: $50,000,000):
- Purpose: Focus on established cannabis companies with sufficient size and stability.
- Rationale: Ensures the selection of companies with a solid market presence, reducing the risk of micro-cap volatility.
Themes (The Cannabis Industry):
- Purpose: Target companies operating specifically within the cannabis sector.
- Rationale: Aligns the selection with the user's interest in cannabis-related investments.
Beta (HighRisk):
- Purpose: Include stocks with higher volatility for potential higher returns.
- Rationale: High beta stocks are more sensitive to market movements, offering greater upside potential in a bullish market.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure liquidity for easier entry and exit in trades.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
Monthly Price Change Percentage (min: -5%):
- Purpose: Filter out stocks with excessive recent losses.
- Rationale: Focuses on stocks with relatively stable or recovering performance, avoiding those in significant decline.
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.