Screening Filters & Rationale
weekly_average_turnover (min: 1,000,000):
- Purpose: To ensure the selected stocks have sufficient liquidity for easy buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
pe_ttm (max: 15):
- Purpose: To identify undervalued stocks based on their price-to-earnings ratio.
- Rationale: A low P/E ratio suggests the stock may be undervalued relative to its earnings.
pb_ratio (max: 1.5):
- Purpose: To find stocks trading at a reasonable valuation compared to their book value.
- Rationale: A low P/B ratio indicates the stock is potentially undervalued relative to its assets.
moving_average_relationship (PriceAboveMA20):
- Purpose: To focus on stocks with upward momentum in their short-term price trend.
- Rationale: Price above the 20-day moving average signals a positive trend and potential growth.
week_price_change_pct (min: 2):
- Purpose: To select stocks that have shown a recent price increase.
- Rationale: A minimum 2% weekly price gain indicates rising investor interest and momentum.
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.