Screening Filters & Rationale
Market Cap (min: $5 billion):
- Purpose: Focus on large-cap stocks for stability and reduced volatility.
- Rationale: Companies with a market cap above $5 billion are typically well-established and less prone to extreme price swings.
Relative Volume (min: 2):
- Purpose: Identify stocks with significant recent trading activity.
- Rationale: A relative volume above 2 indicates heightened investor interest, which could signal potential price movement.
Beta (Moderate Risk):
- Purpose: Target stocks with moderate risk levels to balance growth potential and volatility.
- Rationale: Moderate beta ensures the stock moves in line with the market, avoiding excessive risk.
Weekly Average Turnover (min: $5 million):
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- 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 recent performance.
- Rationale: A non-negative price change indicates resilience or upward momentum in the stock's price.
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.