Screening Filters & Rationale
Market Cap (max: $300M):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility, aligning with the speculative nature of penny stock investing.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, offering opportunities for significant price appreciation.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with increased trading activity compared to their average.
- Rationale: High relative volume indicates heightened investor interest, which can signal potential price movements.
Weekly Average Turnover (min: $1M):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: Stocks with higher turnover are easier to buy and sell, reducing the risk of illiquid positions.
Is Optionable (True):
- Purpose: Focus on stocks with available options for additional trading strategies.
- Rationale: Optionable stocks provide flexibility for hedging or leveraging positions, appealing to active traders.
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.