Screening Filters & Rationale
Market Cap (max: $1,000,000,000):
- Purpose: Focus on smaller companies with growth potential.
- Rationale: Penny stocks typically have lower market caps, offering higher risk-reward opportunities.
Price (max: $5):
- Purpose: Identify stocks classified as penny stocks.
- Rationale: Stocks priced under $5 are traditionally considered penny stocks, aligning with the user's interest.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with increased trading activity.
- Rationale: A relative volume above 1.5 indicates heightened investor interest, which may signal potential momentum.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: Higher turnover reduces the risk of illiquidity, making it easier to enter or exit positions.
Weekly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive or stable price trends.
- Rationale: A non-negative price change suggests stability or upward momentum, aligning with promising opportunities.
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.