Screening Filters
Price: min = $5, max = $15
- Purpose: Find stocks trading below $15 per share, while excluding very low‑priced / penny stocks.
- Rationale:
- Your request was: “stocks under $15 per share only” → the
max = 15 directly enforces this.
- We keep a minimum price of $5 as in the previous screen. This is a practical quality control to avoid highly illiquid, extremely volatile penny stocks (often under $5) that can have large bid‑ask spreads and be harder to trade efficiently.
Monthly Average Dollar Volume: min = $1,000,000
- Purpose: Ensure the stocks have sufficient trading activity (liquidity).
- Rationale:
- With a $100 investment, you still want to be able to enter and exit positions without large price slippage.
- A minimum of $1M traded per month filters out thinly traded names that could be hard to trade or be more easily manipulated.
Beta: LowRisk, ModerateRisk
- Purpose: Focus on stocks with lower or moderate volatility relative to the overall market.
- Rationale:
- With a smaller capital base (like $100), big drawdowns matter more.
- Limiting to low/moderate beta avoids the highest‑volatility names, making the list more suitable for risk‑aware investors.
Index Component: GSPC (S&P 500)
- Purpose: Restrict results to companies in the S&P 500 index.
- Rationale:
- S&P 500 membership implies larger, established companies with higher reporting standards and generally better liquidity.
- This works well with your prior context (a $100 investment and focus on relatively stable, higher‑quality names) while now applying your new price cap.
Analyst Consensus: Strong Buy, Moderate Buy
- Purpose: Capture stocks that currently have favorable analyst opinions.
- Rationale:
- While analyst ratings are not guarantees, they are a useful filter to highlight companies with positive institutional sentiment and research coverage.
- This narrows the list to names that professional analysts collectively see as having attractive risk/reward.
Why Results Match Your Request
- Your key new condition was “under $15 per share”.
- The screen uses
max price = $15, which directly satisfies this.
- The only extra constraint beyond what you explicitly asked is
min price = $5:
- Our screener is designed to avoid ultra‑low‑priced penny stocks (often highly speculative and illiquid).
- This keeps the focus on more tradable, higher‑quality names, which is generally more appropriate for most retail investors.
Overall, the filters honor your request for stocks under $15 while preserving sensible safeguards on liquidity, risk, quality, and sentiment from the earlier screen.
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.