Screening Filters & Rationale
Market Cap (min $1 billion):
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap reduces the risk of extreme volatility and ensures liquidity.
Positive Price Change Percentage (min 0%):
- Purpose: Identify stocks with upward momentum.
- Rationale: Positive price movement indicates potential growth and investor confidence.
Relative Volume (min 1.5):
- Purpose: Highlight stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals strong investor interest or news catalysts.
High Beta (HighRisk):
- Purpose: Target stocks with higher volatility for potential higher returns.
- Rationale: High beta stocks are more sensitive to market movements, aligning with high-risk, high-reward strategies.
Weekly Average Turnover (min $1 million):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover reflects active trading and reduces the risk of illiquidity.
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.