Screening Filters & Rationale
Price ($1-$2):
- Purpose: Focus on low-priced stocks to align with high-risk, high-reward potential.
- Rationale: Stocks in this range often exhibit significant volatility, offering opportunities for substantial gains or losses.
Price Change Percentage (≥ 2%):
- Purpose: Identify stocks with notable recent price movements.
- Rationale: A minimum 2% price change indicates momentum, which is essential for high-reward opportunities.
Relative Volume (≥ 1.5):
- Purpose: Highlight stocks with trading activity significantly above their average.
- Rationale: Increased relative volume suggests heightened interest, often preceding price volatility.
Beta (High Risk):
- Purpose: Target stocks with high sensitivity to market movements.
- Rationale: High beta stocks are more volatile, aligning with the high-risk, high-reward strategy.
Weekly Average Turnover (≥ $1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover minimizes the risk of illiquidity, enabling easier entry and exit from positions.
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.