Screening Filters & Rationale
Market Cap Category (Micro, Small, Mid):
- Purpose: Focus on companies with smaller to mid-sized market capitalizations.
- Rationale: These companies often have higher growth potential, aligning with the search for stocks similar to ABAT.
Weekly Average Turnover (Min: $500,000):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: A minimum turnover filter avoids illiquid stocks, reducing the risk of price manipulation or difficulty in executing trades.
RSI 14 (Min: 20, Max: 80):
- Purpose: Identify stocks that are neither overbought nor oversold.
- Rationale: This range helps find stocks with balanced momentum, avoiding extreme volatility or stagnation.
Annual Revenue YoY Growth (Min: 0%):
- Purpose: Focus on companies with positive or stable revenue growth.
- Rationale: Positive growth indicates a healthy business trajectory, which is crucial for long-term investment potential.
Tickers (Predefined List):
- Purpose: Narrow down the selection to a curated list of relevant stocks.
- Rationale: The predefined list ensures alignment with the user's interest in stocks similar to ABAT, focusing on comparable industries or characteristics.
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.