Screening Filters & Rationale
Beta: HighRisk
- Purpose: To identify stocks with higher volatility compared to the market.
- Rationale: High beta stocks are more likely to experience significant price movements, aligning with the focus on recent declines.
Weekly Average Turnover: Minimum 10,000,000
- Purpose: To ensure selected stocks have high liquidity.
- Rationale: High turnover indicates active trading, making it easier to enter or exit positions.
Week Price Change Percentage: Maximum -7%
- Purpose: To find stocks that have declined significantly in the past week.
- Rationale: A 7% drop in a week highlights short-term underperformance, matching the user's interest in recent declines.
Month Price Change Percentage: Maximum -12%
- Purpose: To capture stocks with notable declines over the past month.
- Rationale: A 12% drop over a month indicates sustained downward momentum.
Quarter Price Change Percentage: Maximum -20%
- Purpose: To identify stocks with significant declines over the last quarter.
- Rationale: A 20% drop over three months suggests prolonged underperformance, aligning with the focus on declining stocks.
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.