Screening Filters & Rationale
Market Cap (min: $50,000,000):
- Purpose: To ensure the selection of stocks with a minimum level of market capitalization, indicating stability and reduced risk of extreme volatility.
- Rationale: Companies with a market cap above $50M are generally more established and less prone to sudden collapses compared to micro-cap or nano-cap stocks.
Revenue TTM (min: $5,000,000):
- Purpose: To focus on companies generating consistent revenue, reflecting operational viability.
- Rationale: A minimum revenue threshold ensures the company has a functioning business model and is not purely speculative.
Price (max: $1):
- Purpose: To identify stocks priced under $1, aligning with the user's interest in low-cost investment opportunities.
- Rationale: Low-priced stocks can offer high growth potential, but they also carry higher risk, making other filters critical for quality assurance.
Weekly Average Turnover (min: $1,000,000):
- Purpose: To ensure sufficient liquidity for ease of buying and selling without significant price impact.
- Rationale: Stocks with higher turnover are more actively traded, reducing the risk of illiquidity and large bid-ask spreads.
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.