Screening Filters & Rationale
Market Cap (min: $2 billion):
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap ensures stability and reduces the risk associated with smaller, volatile companies.
Price Change Percentage (min: 7%):
- Purpose: Identify stocks with substantial price movement today.
- Rationale: A minimum 7% price increase highlights strong performance and potential market interest.
Relative Volume (min: 3):
- Purpose: Target stocks with trading activity significantly above their average.
- Rationale: High relative volume indicates increased investor interest and potential momentum.
Weekly Average Turnover (min: $10 million):
- Purpose: Ensure liquidity and ease of trading.
- Rationale: High turnover reflects active trading, reducing the risk of illiquidity.
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.