Screening Filters & Rationale
Price (Min: $0.70, Max: $1.30):
- Purpose: To identify stocks priced around $1, aligning with the user's request for low-cost investments.
- Rationale: This range ensures inclusion of stocks close to $1 while allowing slight flexibility for market fluctuations.
Beta (HighRisk):
- Purpose: To focus on high-risk stocks that may offer higher potential returns.
- Rationale: High beta stocks are more volatile, which can lead to significant price movements and potential gains.
Weekly Average Turnover (Min: 1,000,000):
- Purpose: To ensure liquidity by selecting stocks with high trading volumes.
- Rationale: High turnover indicates active trading, making it easier to buy or sell the stock without significant price impact.
Monthly Price Change Percentage (Min: 30%):
- Purpose: To target stocks with strong recent performance.
- Rationale: A significant price increase over the past month suggests momentum and potential for continued growth.
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.