Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on larger, more established companies.
- Rationale: Larger companies typically offer greater stability and liquidity, aligning with risk management goals.
Beta = High Risk:
- Purpose: Target stocks with higher volatility.
- Rationale: High-beta stocks can provide greater potential returns, suitable for risk-tolerant investors.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure sufficient trading volume for liquidity.
- Rationale: High turnover reduces the risk of illiquidity and ensures ease of entry/exit.
RSI (14) <= 30:
- Purpose: Identify oversold stocks.
- Rationale: RSI below 30 suggests potential undervaluation or a buying opportunity.
Monthly Price Change <= -10%:
- Purpose: Highlight stocks experiencing significant recent declines.
- Rationale: A sharp price drop may indicate a potential rebound or value opportunity.
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.