Screening Filters & Rationale
Price (max: $5):
- Purpose: To focus on penny stocks, which are typically defined as stocks trading below $5.
- Rationale: This ensures the selection aligns with the user's interest in low-cost, high-risk investments.
Price Change Percentage (min: 1%):
- Purpose: To identify stocks with significant price movement today.
- Rationale: A minimum 1% price change highlights stocks experiencing notable activity or volatility.
Relative Volume (min: 1.0):
- Purpose: To filter for stocks with trading volume at least equal to their average.
- Rationale: This indicates increased market interest or activity compared to usual levels.
Beta (HighRisk):
- Purpose: To target stocks with high beta, reflecting greater volatility and risk.
- Rationale: High-risk stocks align with the speculative nature of penny stock investments.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To ensure liquidity by selecting stocks with substantial trading turnover.
- Rationale: High turnover reduces the risk of illiquidity, making it easier to enter or exit positions.
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.