Screening Filters & Rationale
Price ($0.05 - $20):
- Purpose: Identify penny stocks within an affordable price range for speculative investors.
- Rationale: This range captures low-cost stocks with potential for high percentage gains while limiting excessive risk from ultra-low-priced stocks.
Relative Volume (≥ 1.5):
- Purpose: Focus on stocks with trading activity significantly above their 90-day average.
- Rationale: Elevated volume often signals increased investor interest or news-driven momentum, which can lead to short-term price movements.
Beta (High Risk):
- Purpose: Target stocks with high volatility for investors seeking aggressive growth opportunities.
- Rationale: High beta stocks tend to outperform in bullish markets, aligning with high-risk, high-reward strategies.
Weekly Average Turnover (≥ 1,000,000):
- Purpose: Ensure sufficient liquidity for ease of entry and exit in trades.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity in penny stocks.
Shares Outstanding (≤ 50,000,000):
- Purpose: Focus on low-float stocks with limited supply.
- Rationale: Stocks with fewer shares available often experience sharper price movements due to supply-demand imbalances.
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.