Stocks for quick profit opportunity

Screening Filters

1. Relative Volume (relative_vol: min 1.5):

   • Purpose: To identify stocks that are currently experiencing significantly higher trading activity compared to their average volume.
   • Rationale: A relative volume above 1.5 indicates that the stock is being traded at least 1.5 times more than its usual volume. This heightened activity often signals increased interest or news, which can lead to short-term price movements and potential profit opportunities.

2. Weekly Price Change Percentage (week_price_change_pct: min 0):

   • Purpose: To filter for stocks that have shown positive price movement over the past week.
   • Rationale: A positive weekly price change suggests that the stock has upward momentum, which could continue in the short term. This aligns with the user's goal of finding stocks with quick profit potential.

3. Beta (HighRisk):

   • Purpose: To focus on high-beta stocks, which are more volatile and tend to have larger price swings compared to the overall market.
   • Rationale: High-beta stocks are riskier but can offer greater short-term profit opportunities due to their amplified reactions to market movements. This makes them suitable for users seeking quick gains, albeit with higher risk.

Why Results Match:

• The combination of high relative volume and positive weekly price change ensures that the stocks identified are currently active and have upward momentum, increasing the likelihood of short-term profit opportunities.
• The inclusion of high-beta stocks targets securities that are more volatile, which can lead to larger price movements in a short period, aligning with the user's desire for quick profits.
• Together, these filters focus on stocks that are both actively traded and exhibit characteristics conducive to short-term gains, while acknowledging the inherent risks of such strategies.