Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on established biotech companies with significant market presence.
- Rationale: Larger market cap reduces risk associated with smaller, more volatile companies.
Theme: Biotech:
- Purpose: Target companies within the biotechnology sector.
- Rationale: Aligns with the user's request for biotech-specific stocks.
Beta: Low Risk:
- Purpose: Select stocks with lower volatility compared to the market.
- Rationale: Reduces exposure to high-risk fluctuations, suitable for risk-averse strategies.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
Is Optionable = True:
- Purpose: Include stocks with available options for additional investment strategies.
- Rationale: Provides flexibility for hedging or leveraging positions.
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.