Screening Filters & Rationale
Theme: Biotech:
- Purpose: Focus on the biotechnology sector, which is known for innovation and high growth potential.
- Rationale: Biotech stocks often experience significant price movements around key regulatory events like PDUFA dates.
Earnings Date: 2023-11-01 to 2023-11-30:
- Purpose: Target stocks with upcoming PDUFA dates within a specific timeframe.
- Rationale: PDUFA dates can act as catalysts for stock price movements, aligning with short-term investment strategies.
Beta: HighRisk:
- Purpose: Select stocks with higher volatility to capitalize on potential large price swings.
- Rationale: High beta stocks in biotech are more likely to react strongly to PDUFA outcomes, offering higher reward potential.
Is Optionable: True:
- Purpose: Ensure the selected stocks have options available for hedging or leveraging positions.
- Rationale: Options provide flexibility to manage risk or enhance returns around volatile events like PDUFA dates.
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.