Screening Filters & Rationale
Market Cap (min: $300M):
- Purpose: Focus on companies with substantial size and stability.
- Rationale: Larger market cap reduces risk associated with smaller, more volatile companies.
Relative Volume (min: 1.1):
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals heightened investor interest or news-driven momentum.
Weekly Average Turnover (min: $1M):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover minimizes the risk of price manipulation and ensures smoother transactions.
Weekly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive or stable price performance.
- Rationale: Positive price movement indicates potential upward momentum or stability.
Is Trending (True):
- Purpose: Highlight stocks gaining attention in the market.
- Rationale: Trending stocks often reflect strong market sentiment or upcoming catalysts.
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.