Screening Filters & Rationale
Market Cap (max: $1,500,000,000):
- Purpose: Focus on smaller companies with growth potential.
- Rationale: Smaller market cap stocks often have higher volatility and potential for significant price movements, aligning with penny stock strategies.
Price (max: $0.50):
- Purpose: Identify penny stocks under $0.50 as requested.
- Rationale: Stocks priced under $0.50 are typically considered highly speculative, matching the user's interest in low-cost investments.
Relative Volume (min: 1.1):
- Purpose: Ensure stocks have higher-than-average trading activity.
- Rationale: Increased relative volume indicates heightened investor interest, which can lead to potential price movements.
Beta (ModerateRisk, HighRisk):
- Purpose: Target stocks with moderate to high volatility.
- Rationale: Higher beta stocks are more sensitive to market movements, offering greater potential returns (and risks) for speculative investors.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Focus on stocks with sufficient liquidity.
- Rationale: High turnover ensures ease of entry and exit, reducing the risk of illiquid positions in penny stocks.
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.