Screening Filters & Rationale
Price (max: $5):
- Purpose: Identify stocks priced under $5 to meet the user's request for low-cost investments.
- Rationale: Low-priced stocks can offer high growth potential but often come with higher risk.
Relative Volume (min: 1.5):
- Purpose: Focus on stocks with trading activity at least 1.5 times their average volume.
- Rationale: High relative volume indicates increased market interest, which often correlates with volatility.
Beta (HighRisk):
- Purpose: Select stocks with high beta values to ensure they exhibit significant price fluctuations.
- Rationale: High beta stocks are more volatile, aligning with the user's preference for high volatility.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure selected stocks have a minimum weekly trading turnover of 1,000,000 shares.
- Rationale: High turnover ensures liquidity, making it easier to enter or exit positions.
Weekly Price Change Percentage (min: 5%):
- Purpose: Target stocks with a minimum 5% price change over the past week.
- Rationale: Significant weekly price changes indicate high volatility, matching the user's criteria.
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.