Screening Filters & Rationale
Market Cap ≥ $500M:
- Purpose: Focus on companies with a substantial market capitalization to reduce the risk of extreme volatility often associated with micro-cap stocks.
- Rationale: Larger companies under $5 per share may offer better stability and liquidity compared to smaller-cap counterparts.
Price ≤ $5:
- Purpose: Identify stocks that meet the user's specific price range criteria.
- Rationale: Low-priced stocks can provide opportunities for higher percentage gains, aligning with the user's interest in affordable investments.
Relative Volume ≥ 1.5:
- Purpose: Highlight stocks with significant recent trading activity compared to their average.
- Rationale: Increased relative volume may indicate heightened investor interest or news catalysts, which could drive price movements.
High Beta:
- Purpose: Target stocks with higher sensitivity to market movements for potential higher returns.
- Rationale: High-beta stocks are more volatile, which can align with a high-risk, high-reward investment strategy.
Weekly Average Turnover ≥ 1M:
- Purpose: Ensure sufficient liquidity for ease of entry and exit in trades.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity in low-priced stocks.
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.