Screening Filters & Rationale
Price (max: $5):
- Purpose: Focus on penny stocks trading at $5 or below.
- Rationale: Ensures alignment with the user's interest in low-cost stocks, typically associated with higher growth potential.
Relative Volume (min: 2):
- Purpose: Identify stocks with trading activity at least twice their average volume.
- Rationale: Highlights stocks experiencing unusual interest, which may indicate potential price movement.
Beta (HighRisk):
- Purpose: Target stocks with high volatility.
- Rationale: High beta stocks are more sensitive to market movements, offering greater potential for short-term gains.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity in penny stocks.
Shares Outstanding (max: 50,000,000):
- Purpose: Focus on low float stocks with limited shares available.
- Rationale: Low float stocks are more prone to significant price swings, aligning with the user's interest in low float penny stocks.
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.