Screening Filters & Rationale
Market Cap (Minimum $50,000,000):
- Purpose: To focus on stocks with a minimum level of company size and stability.
- Rationale: Ensures the selection avoids micro-cap stocks that may carry excessive risk or lack liquidity.
Price (Maximum $1.50):
- Purpose: To identify stocks priced under $1.50 as per the user's request.
- Rationale: Targets low-priced stocks, aligning with the user's specific interest in this price range.
Relative Volume (Minimum 1.5):
- Purpose: To select stocks with higher-than-average trading activity.
- Rationale: Indicates increased investor interest or potential momentum in the stock.
Beta (ModerateRisk, HighRisk):
- Purpose: To include stocks with moderate to high volatility.
- Rationale: Aligns with a strategy that may seek higher returns by accepting greater risk.
Weekly Average Turnover (Minimum $1,000,000):
- Purpose: To ensure sufficient liquidity for ease of trading.
- Rationale: Reduces the risk of illiquid stocks, which can be harder to buy or sell efficiently.
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.