Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on larger, more established companies.
- Rationale: Ensures liquidity and reduces the risk associated with smaller, volatile stocks.
Relative Volume >= 1.2:
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Highlights stocks experiencing unusual interest, often linked to significant news or events.
Short Ratio > 30%:
- Purpose: Target stocks with high short interest.
- Rationale: Indicates potential for short squeezes or bearish sentiment among investors.
Weekly Average Turnover >= 1,000,000:
- Purpose: Ensure sufficient trading volume for liquidity.
- Rationale: Reduces the risk of price manipulation and ensures ease of entry/exit.
Monthly Price Change <= -2%:
- Purpose: Focus on stocks with recent price declines.
- Rationale: May indicate undervaluation or bearish sentiment, aligning with contrarian strategies.
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.