Screening Filters & Rationale
Market Cap (300M - 15B):
- Purpose: Focus on small to mid-cap stocks with high growth potential.
- Rationale: Meme stocks often thrive in this range due to increased retail investor interest and volatility.
Relative Volume (Min 1.2):
- Purpose: Identify stocks with trading activity significantly above their average.
- Rationale: Elevated volume often signals heightened interest or momentum, common in meme stock trends.
Beta (High Risk):
- Purpose: Target stocks with high volatility.
- Rationale: High beta stocks align with the speculative and volatile nature of meme stock investments.
Is Optionable (True):
- Purpose: Ensure the stock has options available for trading.
- Rationale: Option availability is a key feature for meme stocks, as it attracts speculative traders.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention on social media or news platforms.
- Rationale: Trending stocks are more likely to experience the rapid price movements typical of meme 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.