Screening Filters & Rationale
Market Cap (max: $1,500,000,000):
- Purpose: Focus on small to mid-cap stocks for higher growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for rapid price movements, aligning with the "low float, high volume" strategy.
Relative Volume (min: 3):
- Purpose: Identify stocks with significantly increased trading activity.
- Rationale: A relative volume of 3 or higher indicates strong current interest, which can drive price momentum.
Beta (High Risk):
- Purpose: Target stocks with higher volatility for greater price swings.
- Rationale: High beta stocks are more sensitive to market movements, making them suitable for short-term trading strategies.
Weekly Average Turnover (min: $20,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity and enabling easier entry and exit.
Shares Outstanding (max: 20,000,000):
- Purpose: Focus on low float stocks.
- Rationale: Low float stocks are more prone to sharp price movements due to limited supply, aligning with the user's interest in low float, high volume 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.