Screening Filters & Rationale
Debt-to-Equity Ratio (max 1):
- Purpose: To identify companies with manageable debt levels relative to their equity.
- Rationale: A low debt-to-equity ratio indicates financial stability and reduces the risk of insolvency.
Weekly Average Turnover (min 1,000,000):
- Purpose: To ensure sufficient liquidity for easy buying and selling of stocks.
- Rationale: High turnover reflects active trading, reducing the risk of price manipulation and ensuring market efficiency.
P/E TTM (max 15):
- Purpose: To find stocks trading at a reasonable valuation relative to their earnings.
- Rationale: A low price-to-earnings ratio suggests the stock may be undervalued compared to its earnings potential.
P/B Ratio (max 2):
- Purpose: To identify stocks trading at a reasonable valuation relative to their book value.
- Rationale: A low price-to-book ratio indicates the stock may be undervalued compared to its net asset value.
Return on Equity (min 10%):
- Purpose: To select companies with strong profitability and efficient use of equity.
- Rationale: A high ROE demonstrates the company's ability to generate profits from shareholders' investments.
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.