Screening Filters & Rationale
Market Cap (50M - 30B):
- Purpose: Focuses on small to mid-cap stocks that are more likely to experience rapid price movements, a common trait of meme stocks.
- Rationale: These companies are often more volatile and can attract retail investor attention, aligning with meme stock characteristics.
Relative Volume (Min 0.8):
- Purpose: Identifies stocks with trading activity close to or above their average volume, indicating potential interest or momentum.
- Rationale: Elevated trading volumes often signal increased attention, a key factor in meme stock surges.
Short Ratio (MoreThan30Pct, LessThan10Pct):
- Purpose: Targets stocks with either high or low short interest, which can drive volatility through short squeezes or speculative trading.
- Rationale: High short interest can lead to squeezes, while low short interest may indicate speculative buying pressure.
Is Trending (True):
- Purpose: Ensures the stock is currently gaining traction on social media or other platforms.
- Rationale: Meme stocks often emerge from trending discussions, making this a critical filter for identifying potential candidates.
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.