Screening Filters & Rationale
Market Cap ≥ $5 billion:
- Purpose: Focus on large-cap stocks for stability and reduced volatility.
- Rationale: Large-cap companies are typically more established and less prone to extreme price swings.
Relative Volume ≥ 2:
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest or news-driven activity.
Beta: High Risk:
- Purpose: Target stocks with higher sensitivity to market movements.
- Rationale: High-beta stocks can offer greater potential returns in bullish markets, aligning with risk-tolerant strategies.
Weekly Average Turnover ≥ $5 million:
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
Weekly Price Change ≥ 10%:
- Purpose: Capture stocks with strong recent momentum.
- Rationale: Significant price changes may signal trends or catalysts that align with short-term growth strategies.
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.