Screening Filters & Rationale
Market Cap ≥ $3 billion:
- Purpose: Focus on larger, more stable companies.
- Rationale: Larger market cap reduces risk and ensures the company has established operations.
Dividend Yield (TTM) ≥ 4%:
- Purpose: Identify stocks providing strong income potential.
- Rationale: High dividend yield indicates consistent cash flow and shareholder returns.
Weekly Average Turnover ≥ $3 million:
- Purpose: Ensure sufficient liquidity for easy trading.
- Rationale: High turnover reflects active trading and reduces the risk of illiquidity.
P/E Ratio (TTM) ≤ 10:
- Purpose: Target undervalued stocks based on earnings.
- Rationale: A low P/E suggests the stock may be undervalued relative to its earnings.
P/B Ratio ≤ 0.7:
- Purpose: Focus on stocks trading below their book value.
- Rationale: A low P/B ratio indicates potential undervaluation of the company's assets.
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.