Screening Filters & Rationale
Market Cap (max: $2,000,000,000):
- Purpose: Focus on small-cap companies to align with penny stock characteristics.
- Rationale: Smaller market cap stocks often have higher growth potential but come with increased risk, suitable for speculative investments.
Price (max: $5):
- Purpose: Target low-priced stocks to meet the definition of penny stocks.
- Rationale: Stocks priced under $5 are typically considered penny stocks, appealing to investors seeking high-risk, high-reward opportunities.
Beta (HighRisk):
- Purpose: Identify stocks with high volatility for potential rapid price movements.
- Rationale: High beta stocks are more sensitive to market changes, offering greater potential for short-term gains but with increased risk.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: A higher turnover indicates active trading, reducing the risk of illiquidity in penny stocks.
Is Optionable (True):
- Purpose: Focus on stocks with options available for additional trading strategies.
- Rationale: Optionable stocks provide flexibility for hedging or leveraging positions, enhancing investment opportunities.
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.