Penny stock plz

Screening Filters & Rationale

1. Market Cap (max: $1,000,000,000):

   • Purpose: Focus on small-cap companies typically classified as penny stocks.
   • Rationale: Smaller market cap stocks often have higher growth potential but come with increased risk, aligning with the speculative nature of penny stock investing.

2. Price (max: $5):

   • Purpose: Limit the selection to low-priced stocks commonly considered penny stocks.
   • Rationale: Stocks priced under $5 are generally more accessible to retail investors and fit the traditional definition of penny stocks.

3. Relative Volume (min: 4):

   • Purpose: Identify stocks with significantly higher trading activity compared to their average.
   • Rationale: High relative volume indicates increased investor interest, which could signal potential price movement.

4. Beta (HighRisk):

   • Purpose: Target stocks with high volatility for greater potential returns.
   • Rationale: High beta stocks are more sensitive to market movements, offering higher risk and reward opportunities suitable for speculative strategies.

5. Weekly Average Turnover (min: $1,000,000):

   • Purpose: Ensure sufficient liquidity for ease of trading.
   • Rationale: A higher turnover minimizes the risk of illiquidity, allowing investors to enter and exit positions more easily.

6. Monthly Price Change Percentage (min: 15%):

   • Purpose: Focus on stocks with strong recent price momentum.
   • Rationale: A significant price increase over the past month may indicate positive sentiment or catalysts driving the stock upward.