Include most volitle

Screening Filters

1. Price: 0 – 0.25

   • Purpose: Restrict results strictly to very low-priced “penny stocks” below $0.25 per share.
   • Rationale: You asked for penny stocks under $0.25, so the screener caps the maximum price at $0.25. The minimum is set to $0 just to include the entire range up to that cap.

2. Market Cap Category: micro, nano

   • Purpose: Focus on very small companies by market capitalization.
   • Rationale: Ultra‑low‑priced stocks are almost always micro‑ or nano‑cap. Limiting to these categories aligns with your interest in speculative penny stocks and excludes larger, more established firms whose shares rarely trade below $0.25.

3. Volume: min 500,000 shares

   • Purpose: Ensure that only relatively liquid penny stocks are included.
   • Rationale: Many sub‑$0.25 names barely trade. Requiring at least 500k shares in daily volume helps:
     • Avoid illiquid “dead” stocks.
     • Focus on names where price moves are more meaningful and actually tradable (tighter spreads, better execution).

4. Intraday Amplitude: min 5%

   • Purpose: Capture the most volatile penny stocks by requiring a minimum level of daily price movement.
   • Rationale: This is the key addition for your updated request (“Include the most volatile penny stocks under $0.25”).
     • Intraday amplitude typically measures the percentage difference between the day’s high and low.
     • Setting a minimum of 5% means we’re only looking at stocks whose price swings at least 5% during the trading day, which is a direct, practical proxy for high volatility.
   • So this filter is what translates your “most volatile” requirement into something the screener can search on.

5. Listed Exchange: XNYS, XNAS, XASE

   • Purpose: Limit results to major U.S. exchanges: NYSE, NASDAQ, and NYSE American.
   • Rationale:
     • Reduces exposure to the lowest-quality OTC/pink sheet names, where data quality, spreads, and risk are often worse.
     • Still captures many higher‑risk, speculative penny stocks but within exchanges that have minimum listing and reporting standards.

Do the Filters Match Your Request?

• Under $0.25: Directly addressed by the price filter (max 0.25).
• Penny‑stock type names: Captured by combining very low price with micro/nano market caps.
• “Most volatile”: Addressed via the intraday amplitude ≥ 5% filter, which is a reasonable and direct volatility proxy available in the screener.

If you had something more specific in mind like beta, ATR (Average True Range), or implied volatility, those are not part of the current filter set. The screener doesn’t support all possible volatility metrics, so we’re using intraday amplitude as the best available way to approximate “most volatile” penny stocks.

Why No Results Were Returned

No stocks met all of these conditions at the same time. That can happen when:

• Price constraint is very tight (≤ $0.25),
• Market cap is restricted to only micro and nano caps,
• Liquidity requirement is high for this universe (≥ 500k shares), and
• Volatility requirement is also high (intraday move ≥ 5%),
• While also being limited to major exchanges only (no OTC).

For a given day or timeframe, it’s entirely possible that:

• Some sub‑$0.25 names are that cheap but don’t trade 500k+ shares,
• Others are active but less volatile than 5% intraday,
• Or the volatile, high‑volume penny stocks trade OTC and are excluded by the exchange filter.

The combination is simply too restrictive, so nothing passed all the gates simultaneously.

Next Step: Adjust Filters?

To find actual names, we likely need to relax one or more constraints. For example, we could:

• Lower the volume threshold (e.g., from 500k to 200k).
• Loosen intraday amplitude (e.g., from 5% to 3%).
• Slightly raise the price cap (e.g., to $0.50) while still staying in “penny” territory.
• Temporarily drop the exchange restriction to include OTC, if you’re comfortable with higher risk and less transparency.

Would you be willing to adjust any of these (price limit, volume minimum, volatility threshold, or exchange restriction)? If you tell me which constraints matter most to you, I can explain the trade‑offs and suggest a refined filter set.