Screening Filters & Rationale
Price (max: $5):
- Purpose: To identify penny stocks that are affordable and fit within the user's budget.
- Rationale: Stocks priced under $5 are typically classified as penny stocks, offering high potential returns but with increased risk.
Relative Volume (min: 1.0):
- Purpose: To focus on stocks with trading activity higher than their average.
- Rationale: Elevated relative volume indicates increased investor interest, which could signal potential short-term price movements.
Beta (HighRisk):
- Purpose: To target stocks with high volatility for potentially higher returns.
- Rationale: High beta stocks are more sensitive to market movements, aligning with the user's goal of high rewards in a short timeframe.
Week Price Change Percentage (min: -15%):
- Purpose: To find stocks that have recently declined but may be poised for a rebound.
- Rationale: A recent drop in price could present a buying opportunity if the stock is expected to recover quickly.
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.