Scan 5 dollars stocks

Screening Filters & Rationale

1. Market Capitalization (500M - 5B):

   • Purpose: Focus on mid-cap and small-cap stocks for potential growth opportunities.
   • Rationale: These companies often have higher growth potential compared to large-cap stocks but are less volatile than micro-cap stocks.

2. Price ($4.50 - $5.50):

   • Purpose: Identify stocks priced around $5 to match the user's request.
   • Rationale: Ensures the results are within a narrow price range close to the target, avoiding outliers.

3. Beta (Moderate Risk):

   • Purpose: Select stocks with moderate volatility relative to the market.
   • Rationale: Balances risk and return, aligning with investors seeking steady performance without excessive fluctuations.

4. Weekly Average Turnover (Min 1M):

   • Purpose: Ensure sufficient liquidity for ease of trading.
   • Rationale: High turnover indicates active trading, reducing the risk of illiquidity and large bid-ask spreads.

5. P/E Ratio (TTM, Max 20):

   • Purpose: Focus on reasonably valued stocks based on earnings.
   • Rationale: A low P/E ratio suggests the stock may be undervalued, offering potential for price appreciation.