Screening Filters & Rationale
Beta: LowRisk
- Purpose: To identify stocks with lower volatility compared to the market.
- Rationale: Low beta stocks are less sensitive to market fluctuations, aligning with a preference for stability.
Weekly Average Turnover: Minimum 1,000,000
- Purpose: To ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
Return on Equity (ROE): Minimum 15%
- Purpose: To select companies with strong profitability relative to shareholder equity.
- Rationale: A high ROE reflects efficient use of equity to generate profits, aligning with financial performance goals.
Moving Average Relationship: PriceAboveMA200
- Purpose: To identify stocks in a strong upward trend.
- Rationale: Price above the 200-day moving average signals long-term bullish momentum.
Return on Assets (ROA): Minimum 10%
- Purpose: To focus on companies efficiently utilizing their assets to generate earnings.
- Rationale: A high ROA indicates effective asset management, supporting strong financial performance.
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.