Screening Filters & Rationale
Debt-to-Equity Ratio (max: 1):
- Purpose: To identify companies with manageable debt levels relative to equity.
- Rationale: A low debt-to-equity ratio indicates financial stability and reduces risk during economic downturns.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To ensure the stock has sufficient liquidity for easy buying and selling.
- Rationale: High turnover reflects active trading, reducing the risk of price manipulation and ensuring smoother transactions.
Price-to-Earnings (P/E) TTM Ratio (max: 15):
- Purpose: To find undervalued stocks based on their earnings.
- Rationale: A low P/E ratio suggests the stock is trading at a discount relative to its earnings, aligning with value investing principles.
Price-to-Book (P/B) Ratio (max: 2):
- Purpose: To identify stocks trading at a reasonable valuation relative to their book value.
- Rationale: A low P/B ratio indicates the stock may be undervalued compared to its assets, offering potential upside.
Return on Equity (ROE) (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, a key indicator of financial health.
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.