Screening Filters & Rationale
Market Cap >= $1 Billion:
- Purpose: Focus on established mining companies with significant market presence.
- Rationale: Larger market cap indicates financial stability and reduced risk compared to smaller companies.
Themes: Gold Mining and Precious Metals, Mining:
- Purpose: Target companies specifically involved in mining and precious metals.
- Rationale: Aligns with the user's interest in mining stocks and ensures relevance to the sector.
Beta: High Risk:
- Purpose: Include stocks with higher volatility for potential higher returns.
- Rationale: High beta stocks can outperform in bullish markets, appealing to risk-tolerant investors.
Weekly Average Turnover >= $1 Million:
- Purpose: Ensure liquidity for easier entry and exit in trades.
- Rationale: High turnover reflects active trading and reduces the risk of illiquid investments.
Year Price Change >= 0%:
- Purpose: Focus on stocks with positive or stable performance over the past year.
- Rationale: Positive price change indicates growth potential or resilience in the market.
Is Optionable: True:
- Purpose: Include stocks with options trading availability.
- Rationale: Provides flexibility for advanced strategies like hedging or leveraging positions.
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.