Screening Filters & Rationale
Market Cap Category (Large, Mid, Small):
- Purpose: To include oil service companies across all market cap sizes for diversified opportunities.
- Rationale: This ensures a mix of established players and growth-oriented smaller firms.
Beta (HighRisk):
- Purpose: To focus on companies with higher volatility, which may offer greater return potential.
- Rationale: High beta stocks are often more sensitive to market movements, aligning with risk-tolerant strategies.
Weekly Average Turnover (Min: 1,000,000):
- Purpose: To ensure liquidity and ease of trading in selected companies.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
Monthly Price Change Percentage (Min: 0%):
- Purpose: To filter for companies with positive price momentum over the past month.
- Rationale: Positive momentum may signal improving fundamentals or market sentiment.
Tickers (Oil Service Companies):
- Purpose: To narrow the selection to companies specifically within the oil services sector.
- Rationale: This aligns with the user's focus on oil service companies, ensuring relevance to their query.
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.