Screening Filters & Rationale
Price (max: $15):
- Purpose: To identify stocks priced under $15, aligning with the user's budget constraint.
- Rationale: Low-priced stocks can provide opportunities for higher percentage gains with smaller capital investment.
Relative Volume (min: 1.5):
- Purpose: To focus on stocks with significantly higher trading activity compared to their average.
- Rationale: Increased relative volume often indicates heightened investor interest and potential price movement.
Beta (Moderate Risk):
- Purpose: To select stocks with moderate volatility relative to the market.
- Rationale: Moderate-risk stocks balance potential returns with manageable price fluctuations, suiting a risk-conscious strategy.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To ensure liquidity by targeting stocks with high average weekly trading volume.
- Rationale: High turnover reduces the risk of illiquidity, enabling easier entry and exit from positions.
Weekly Price Change Percentage (min: 2%):
- Purpose: To identify stocks with recent upward momentum.
- Rationale: Positive weekly price changes suggest potential for continued short-term 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.