Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap reduces the risk of extreme volatility often seen in smaller companies.
Price ≤ $10:
- Purpose: Identify affordable stocks for investors seeking low-cost entry points.
- Rationale: Ensures alignment with the user's request for stocks priced below $10.
Weekly Average Turnover ≥ 1,000,000:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
P/E (TTM) between 5 and 25:
- Purpose: Target reasonably valued stocks based on earnings.
- Rationale: Avoids overvalued stocks while excluding companies with potentially unsustainable low valuations.
Return on Equity (ROE) ≥ 10%:
- Purpose: Focus on companies with strong profitability and efficient use of equity.
- Rationale: High ROE indicates effective management and potential for sustained growth.
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.