Screening Filters & Rationale
Market Cap (Minimum: $500M):
- Purpose: Focus on established cannabis companies with significant market presence.
- Rationale: Larger market cap ensures stability and reduces the risk associated with smaller, volatile companies.
Themes (The Cannabis Industry):
- Purpose: Target companies operating specifically within the cannabis sector.
- Rationale: Ensures alignment with the user's interest in cannabis-related investments.
Beta (LowRisk, ModerateRisk):
- Purpose: Select stocks with lower to moderate volatility.
- Rationale: Reduces exposure to high-risk investments, aligning with a more stable risk tolerance.
Weekly Average Turnover (Minimum: $1M):
- Purpose: Focus on stocks with sufficient liquidity.
- Rationale: High turnover ensures ease of buying/selling and reflects active investor interest.
Year Price Change Percentage (Minimum: 0%):
- Purpose: Include stocks with positive or neutral performance over the past year.
- Rationale: Avoids underperforming stocks and focuses on those with growth potential.
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.