Screening Filters & Rationale
Price (1 to 200):
- Purpose: To identify stocks within an affordable price range for retail investors or those seeking moderate-priced assets.
- Rationale: This range ensures accessibility while excluding highly speculative penny stocks or overly expensive stocks.
Relative Volume (min 1.5):
- Purpose: To focus on stocks with trading activity significantly above their average.
- Rationale: High relative volume indicates increased market interest, which may signal potential price movement or liquidity.
Beta (HighRisk):
- Purpose: To target stocks with higher volatility for investors seeking greater potential returns.
- Rationale: High beta stocks are more sensitive to market movements, aligning with high-risk, high-reward strategies.
Weekly Average Turnover (min 1,000,000):
- Purpose: To ensure sufficient liquidity for ease of entry and exit in trades.
- Rationale: High turnover reflects active trading, reducing the risk of price slippage during transactions.
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.