Screening Filters & Rationale
Market Cap (1B-5B):
- Purpose: Focus on mid-cap stocks that are large enough to be stable but small enough to exhibit high growth potential.
- Rationale: Meme stocks often fall within this range, as they attract retail investor attention while still being volatile.
Beta (HighRisk):
- Purpose: Identify stocks with high volatility, which are more likely to experience rapid price swings.
- Rationale: High beta stocks align with the speculative nature of meme stock trading.
Weekly Average Turnover (Min 1M):
- Purpose: Ensure the stocks have sufficient liquidity and trading activity.
- Rationale: High turnover indicates strong interest and active trading, common in meme stocks.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention on social media or trading platforms.
- Rationale: Trending status is a key characteristic of meme stocks driven by retail investor sentiment.
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.