Screening Filters & Rationale
Market Cap ≥ $2 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap reduces risk by targeting financially stable firms.
Price ≤ $10:
- Purpose: Identify affordable stocks for investors with budget constraints.
- Rationale: Ensures the selection aligns with the user's preference for low-priced stocks.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
P/E Ratio ≤ 12:
- Purpose: Target undervalued stocks with potential for growth.
- Rationale: A low P/E ratio suggests the stock may be trading below its intrinsic value.
P/B Ratio ≤ 1.8:
- Purpose: Focus on stocks priced attractively relative to their book value.
- Rationale: A low P/B ratio indicates potential undervaluation and financial health.
ROE ≥ 10%:
- Purpose: Select companies with strong profitability and efficient use of equity.
- Rationale: High ROE reflects a company's ability to generate returns for shareholders.
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.