Screening Filters & Rationale
Market Cap (max: $1,000,000,000):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for significant price appreciation, aligning with penny stock strategies.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, appealing to investors seeking high-risk, high-reward opportunities.
Relative Volume (min: 2):
- Purpose: Highlight stocks with increased trading activity compared to their average.
- Rationale: A relative volume above 2 indicates heightened interest, which may signal potential price movements or news catalysts.
Weekly Average Turnover (min: $2,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: A higher turnover minimizes the risk of illiquidity, allowing investors to enter and exit positions more easily.
Weekly Price Change Percentage (min: 5%):
- Purpose: Focus on stocks with recent upward momentum.
- Rationale: A weekly price increase of at least 5% suggests positive sentiment or strong performance, aligning with momentum-based 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.