Screening Filters & Rationale
Price Change Percentage (min: 5%):
- Purpose: Identify stocks with significant price movement today.
- Rationale: A minimum 5% price change highlights high volatility, aligning with the focus on the most volatile stocks.
Relative Volume (min: 1.5):
- Purpose: Filter stocks with trading activity significantly above their average.
- Rationale: A relative volume above 1.5 indicates heightened interest and activity, often linked to volatility.
Beta (HighRisk):
- Purpose: Focus on stocks with high sensitivity to market movements.
- Rationale: High beta stocks are more volatile, making them suitable for identifying the most volatile S&P 500 components.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure liquidity by selecting stocks with substantial trading volume.
- Rationale: High turnover ensures the stocks are actively traded, reducing the risk of illiquidity.
Index Component (GSPC):
- Purpose: Limit the selection to S&P 500 stocks.
- Rationale: Ensures the results are relevant to the user's request for S&P 500 volatility.
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.