Screening Filters & Rationale
Market Cap (max: $2,000,000,000):
- Purpose: Focus on smaller companies classified as penny stocks.
- Rationale: Ensures the selection includes companies with lower valuations, aligning with the penny stock definition.
Dividend Yield TTM (min: 5%):
- Purpose: Identify stocks offering high dividend returns.
- Rationale: Targets investments that provide consistent income through dividends, meeting the "high dividend" requirement.
Price (max: $5):
- Purpose: Limit the stock price to align with penny stock criteria.
- Rationale: Ensures affordability and adherence to the user's request for penny stocks.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Focus on stocks with sufficient liquidity.
- Rationale: Reduces the risk of illiquid investments, ensuring ease of buying and selling.
Is Optionable (True):
- Purpose: Include stocks with options trading availability.
- Rationale: Provides flexibility for advanced strategies like hedging or leveraging.
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.