Screening Filters & Rationale
Price ($0.50 - $10):
- Purpose: To identify affordable stocks within the specified price range.
- Rationale: Stocks in this range are often more volatile, offering potential for short-term gains.
Relative Volume (Min: 1.5):
- Purpose: To focus on stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often indicates heightened interest, which can drive short-term price movements.
Beta (High Risk):
- Purpose: To target stocks with higher sensitivity to market movements.
- Rationale: High-beta stocks tend to experience larger price swings, aligning with short-term trading strategies.
Weekly Average Turnover (Min: 1,000,000):
- Purpose: To ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover indicates active trading, reducing the risk of slippage in short-term trades.
Weekly Price Change Percentage (Min: 0%):
- Purpose: To filter for stocks with positive momentum over the past week.
- Rationale: Positive price movement suggests upward momentum, which is favorable for short-term returns.
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.