Screening Filters & Rationale
Relative Volume (min: 1.3):
- Purpose: Identify stocks with significantly higher trading activity compared to their average.
- Rationale: Increased volume often signals heightened investor interest or news-driven momentum.
Beta (LowRisk):
- Purpose: Focus on low-volatility stocks to minimize risk.
- Rationale: Low beta stocks are less sensitive to market fluctuations, aligning with conservative investment strategies.
Analyst Action (Upgrade):
- Purpose: Select stocks recently upgraded by analysts.
- Rationale: Analyst upgrades often indicate improved fundamentals or positive future outlooks.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure liquidity by targeting stocks with high average weekly turnover.
- Rationale: High turnover reduces the risk of illiquidity and facilitates easier entry and exit.
Weekly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive or stable price performance over the past week.
- Rationale: Positive price trends may indicate growing investor confidence or upward momentum.
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.