Screening Filters & Rationale
Market Cap (Minimum $50,000,000):
- Purpose: To ensure the selection of stocks with a minimum level of company size and stability.
- Rationale: Larger market cap stocks are generally more established and less prone to extreme volatility compared to micro-cap stocks.
Price (Maximum $1):
- Purpose: To identify stocks trading below $1 as per the user's request.
- Rationale: Low-priced stocks can offer high growth potential but often come with higher risk, aligning with the user's interest in this price range.
Beta (Low, Moderate, High Risk):
- Purpose: To include stocks across varying levels of market risk.
- Rationale: This allows for a diversified selection, catering to different risk tolerances while maintaining alignment with the user's goals.
Weekly Average Turnover (Minimum $1,000,000):
- Purpose: To ensure sufficient liquidity in the selected stocks.
- Rationale: Higher turnover indicates active trading, reducing the risk of illiquidity and enabling easier entry and exit.
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.