Screening Filters & Rationale
Market Capitalization >= 10 billion:
- Purpose: Focus on large-cap banking stocks for stability and lower risk.
- Rationale: Large-cap companies are typically more established and resilient in volatile markets.
Weekly Average Turnover >= 1 million:
- Purpose: Ensure liquidity for ease of buying and selling.
- Rationale: High turnover indicates strong investor interest and reduces the risk of illiquid positions.
P/E Ratio (TTM) between 5 and 20:
- Purpose: Identify reasonably valued stocks with growth potential.
- Rationale: This range avoids overvalued stocks while excluding potentially distressed companies.
Return on Equity >= 10%:
- Purpose: Focus on banks with strong profitability and efficient use of equity.
- Rationale: High ROE indicates effective management and strong financial performance.
Specific Tickers:
- Purpose: Narrow down to a curated list of banking stocks for evaluation.
- Rationale: These tickers are pre-selected based on relevance to the banking sector and user interest.
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.