Screening Filters & Rationale
Market Cap (500M - 10B):
- Purpose: Focus on mid-cap and small-cap stocks that are more likely to exhibit high volatility, a common trait of meme stocks.
- Rationale: These companies are large enough to be liquid but small enough to attract retail investor attention and speculative trading.
Beta (HighRisk):
- Purpose: Identify stocks with high volatility relative to the market, which aligns with the speculative nature of meme stocks.
- Rationale: High beta stocks are more likely to experience sharp price movements, making them attractive for short-term trading.
Is Optionable (True):
- Purpose: Ensure the stock has options available for trading, as this is often a key feature for meme stock traders.
- Rationale: Options trading can amplify speculative activity and attract retail investors looking for leveraged returns.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention on social media or trading platforms.
- Rationale: Trending stocks are more likely to experience the rapid price surges associated with meme stock behavior.
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.