Screening Filters & Rationale
Market Cap (max: $500M):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for rapid price increases, aligning with penny stock strategies.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks 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 increased trading activity.
- Rationale: Elevated relative volume 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 significant price swings.
Weekly Average Turnover (min: $1M):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity and enabling easier entry and exit.
Weekly Price Change % (min: 0%):
- Purpose: Focus on stocks with positive short-term momentum.
- Rationale: Positive weekly price changes suggest recent upward trends, which may continue in the near term.
Monthly Price Change % (min: 5%):
- Purpose: Identify stocks with sustained upward momentum over a month.
- Rationale: A 5% or higher monthly increase indicates consistent performance and potential for further growth.
Quarterly Price Change % (min: 10%):
- Purpose: Highlight stocks with strong long-term momentum.
- Rationale: A 10% or higher quarterly increase reflects robust performance and aligns with growth-focused strategies.
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.