Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap stocks tend to be more stable and less prone to extreme volatility.
Low Beta:
- Purpose: Target low-risk stocks with reduced sensitivity to market fluctuations.
- Rationale: Low beta stocks are ideal for conservative investors seeking stability.
Weekly Average Turnover >= $2 million:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
RSI (14) <= 25:
- Purpose: Identify oversold stocks that may be undervalued.
- Rationale: A low RSI suggests potential buying opportunities as the stock may rebound.
Weekly Price Change <= -3%:
- Purpose: Highlight stocks experiencing recent price declines.
- Rationale: A negative price change may indicate temporary weakness, aligning with oversold conditions.
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.