Screening Filters & Rationale
Price below $0.10:
- Purpose: To identify penny stocks with extremely low prices, catering to high-risk, high-reward investment strategies.
- Rationale: Stocks priced under $0.10 are often speculative and may offer significant upside potential for investors willing to accept higher volatility.
Weekly average turnover above $250,000:
- Purpose: To ensure sufficient liquidity for ease of buying and selling these low-priced stocks.
- Rationale: A minimum turnover threshold reduces the risk of illiquidity, which can lead to difficulty in executing trades or significant price slippage.
Non-optionable stocks:
- Purpose: To exclude stocks with derivative options, focusing solely on the underlying equity.
- Rationale: Non-optionable stocks are typically less complex and may align better with straightforward penny stock investment strategies.
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.