Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap stocks tend to be more stable and less volatile, aligning with long-term growth or stability goals.
Price Change Percentage ≥ 0%:
- Purpose: Identify stocks with positive or neutral price performance.
- Rationale: Ensures the selection includes stocks that are not declining in value, indicating potential upward momentum or stability.
Relative Volume ≥ 2.0:
- Purpose: Highlight stocks with trading activity at least twice their average volume.
- Rationale: Increased trading volume often signals heightened investor interest or news-driven activity, which could indicate short-term opportunities.
Weekly Average Turnover ≥ $5 million:
- Purpose: Ensure liquidity by focusing on stocks with substantial weekly trading turnover.
- Rationale: High turnover ensures ease of entry and exit, reducing the risk of illiquidity in trades.
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.