Screening Filters & Rationale
Market Cap (max: $2,000,000,000):
- Purpose: Focus on smaller companies with growth potential.
- Rationale: Small-cap stocks often exhibit higher volatility and potential for significant price movements, aligning with penny stock characteristics.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks priced under $5 are typically considered penny stocks, appealing to investors seeking high-risk, high-reward opportunities.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with significantly increased trading activity.
- Rationale: A relative volume above 1.5 indicates heightened investor interest, which can signal potential price momentum.
Beta (HighRisk):
- Purpose: Target stocks with high volatility.
- Rationale: High beta stocks are more sensitive to market movements, offering greater potential for rapid price changes.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover ensures that the stock is actively traded, 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.