Screening Filters & Rationale
Market Cap (Minimum $500M):
- Purpose: Focus on mid-to-large-sized companies for stability and reduced risk.
- Rationale: Ensures the selection of financially stable companies with sufficient market presence.
Dividend Yield TTM (Minimum 2%):
- Purpose: Target stocks that provide consistent income through dividends.
- Rationale: A minimum yield ensures the inclusion of income-generating investments.
Price (Maximum $20):
- Purpose: Identify affordable stocks for investors with a budget constraint.
- Rationale: Limits the selection to stocks priced under $20, aligning with the user's request.
Gross Margin (Minimum 30%):
- Purpose: Focus on companies with strong profitability and operational efficiency.
- Rationale: A higher gross margin indicates better cost management and profitability.
Relative Volume (Minimum 1.5):
- Purpose: Select stocks with higher-than-average trading activity.
- Rationale: Increased volume suggests strong investor interest and potential price movement.
Beta (Low Risk):
- Purpose: Prioritize low-volatility stocks for reduced market risk.
- Rationale: Low beta stocks are less sensitive to market fluctuations, suitable for risk-averse investors.
Weekly Average Turnover (Minimum $1M):
- Purpose: Ensure liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
Return on Equity (Minimum 10%):
- Purpose: Focus on companies with strong financial performance.
- Rationale: A higher ROE reflects efficient use of equity to generate profits.
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.