Screening Filters & Rationale
Market Cap >= $10 billion:
- Purpose: Focus on large-cap stocks.
- Rationale: Large-cap stocks are typically more stable and align with the user's preference for established companies.
Relative Volume >= 1.5:
- Purpose: Identify stocks with unusual trading activity.
- Rationale: A relative volume above 1.5 indicates significantly higher trading interest compared to the stock's average, suggesting potential opportunities.
Weekly Average Turnover >= $1,000,000:
- Purpose: Ensure liquidity for ease of trading.
- Rationale: High turnover ensures the stock is actively traded, reducing the risk of illiquidity.
Weekly Price Change >= 0%:
- Purpose: Focus on stocks with positive or stable price momentum.
- Rationale: Positive price movement may indicate growing investor confidence or favorable market conditions.
Optionable = True:
- Purpose: Include stocks with options trading availability.
- Rationale: Optionable stocks provide additional strategies for hedging or leveraging investments.
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.