Screening Filters & Rationale
Market Cap (max: $2 billion):
- Purpose: Focus on smaller companies with growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for significant returns, aligning with penny stock characteristics.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, making them suitable for this request.
Relative Volume (min: 1.5):
- Purpose: Ensure stocks have increased trading activity.
- Rationale: A relative volume above 1.5 indicates heightened investor interest, which can signal potential price movement.
Beta (High Risk):
- Purpose: Target stocks with higher volatility.
- Rationale: High beta stocks are more sensitive to market movements, offering greater potential for short-term gains.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Focus on liquid stocks with sufficient trading volume.
- Rationale: Ensures the stocks are actively traded, reducing the risk of illiquidity.
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.