High volatile stocks for day trading

Screening Filters

1. Relative Volume (relative_vol: {'min': '2.0'}):

   • Purpose: To identify stocks with significantly higher trading activity compared to their average volume.
   • Rationale: Day traders often look for stocks with high relative volume because increased trading activity can lead to greater price movements, which are essential for short-term trading opportunities.

2. Beta (beta: ['HighRisk']):

   • Purpose: To filter for stocks with high volatility.
   • Rationale: Beta measures a stock's volatility relative to the overall market. High beta stocks are more volatile, making them suitable for day trading, where price fluctuations are necessary to capitalize on short-term trades.

3. Weekly Average Turnover (weekly_average_turnover: {'min': '1000000'}):

   • Purpose: To ensure the stocks have sufficient liquidity.
   • Rationale: Liquidity is crucial for day trading because it allows traders to enter and exit positions quickly without significantly impacting the stock's price. A minimum weekly average turnover of $1,000,000 ensures that the stocks being screened are actively traded and have enough volume to support day trading activities.

Why Results Match:

• The filters collectively focus on identifying stocks that are highly volatile, actively traded, and liquid, which are key characteristics for day trading.
• High relative volume ensures that the stocks are experiencing unusual trading activity, which often correlates with price movements.
• High beta stocks are inherently more volatile, providing the price swings necessary for day trading strategies.
• The liquidity filter ensures that the selected stocks can be traded efficiently, minimizing the risk of slippage and execution delays.

These filters align well with the user's request for "high volatile stocks for day trading" by targeting stocks that exhibit the desired characteristics for short-term trading opportunities.