Screening Filters & Rationale
Market Cap (max: $500,000,000):
- Purpose: Focus on small-cap companies typically classified as penny stocks.
- Rationale: Smaller market cap stocks often have higher growth potential but come with increased risk, aligning with speculative investment strategies.
Price (max: $5):
- Purpose: Identify low-priced stocks commonly referred to as penny stocks.
- Rationale: Stocks under $5 are more accessible to investors seeking high-risk, high-reward opportunities.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with significant recent trading activity compared to their average.
- Rationale: Increased relative volume may indicate heightened investor interest or potential price movement.
Beta (HighRisk):
- Purpose: Target stocks with high volatility for greater potential returns.
- Rationale: High beta stocks are more sensitive to market movements, suitable for risk-tolerant investors.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover reduces the risk of illiquidity, allowing investors to enter and exit positions more 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.