Screening Filters & Rationale
Market Cap (min: $5 billion):
- Purpose: Focus on large-cap stocks for stability and reduced volatility.
- Rationale: Larger companies are generally more established and less prone to extreme price swings.
Beta (LowRisk):
- Purpose: Target low-risk stocks with lower sensitivity to market movements.
- Rationale: Low beta stocks are less volatile, aligning with a conservative investment approach.
Weekly Average Turnover (min: $5 million):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
P/E TTM (max: 20):
- Purpose: Identify undervalued stocks based on earnings.
- Rationale: A lower P/E ratio suggests the stock may be trading at a discount relative to its earnings.
RSI 14 (max: 30):
- Purpose: Focus on oversold stocks with potential for a price rebound.
- Rationale: An RSI below 30 indicates that the stock may be undervalued and due for a recovery.
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.