Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap reduces risk associated with smaller, volatile companies.
Dividend Yield (TTM) ≥ 2%:
- Purpose: Identify stocks providing consistent income through dividends.
- Rationale: Higher dividend yield ensures returns even in stagnant market conditions.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
P/E Ratio (TTM) ≤ 15:
- Purpose: Target undervalued stocks relative to their earnings.
- Rationale: A low P/E ratio suggests potential for price appreciation.
P/B Ratio ≤ 1.5:
- Purpose: Focus on stocks trading near or below their book value.
- Rationale: A low P/B ratio indicates undervaluation and potential for growth.
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.