Screening Filters & Rationale
Market Cap ≥ $300M:
- Purpose: Focus on companies with a stable financial foundation.
- Rationale: Larger market caps reduce the risk of extreme volatility often seen in smaller companies.
Price ≤ $5:
- Purpose: Identify affordable stocks within the user's budget.
- Rationale: Low-priced stocks provide opportunities for higher percentage gains with smaller investments.
Moderate Beta:
- Purpose: Target stocks with balanced risk and return potential.
- Rationale: Moderate beta ensures the stock is neither too volatile nor too stagnant, aligning with a risk-conscious strategy.
Weekly Average Turnover ≥ 1M:
- Purpose: Ensure sufficient liquidity for easy buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
RSI (14) between 30 and 70:
- Purpose: Avoid overbought or oversold stocks.
- Rationale: RSI in this range suggests the stock is trading at a fair value without extreme momentum.
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.