Screening Filters & Rationale
Market Cap (max: $2 billion):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for significant returns, aligning with penny stock strategies.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, making them accessible for investors seeking high-risk, high-reward opportunities.
Relative Volume (min: 1.5):
- Purpose: Target stocks with increased trading activity compared to their average.
- Rationale: Higher relative volume indicates heightened investor interest, which can signal potential price movement.
Beta (HighRisk):
- Purpose: Select stocks with high volatility for aggressive investment strategies.
- Rationale: High beta stocks are more sensitive to market movements, offering greater potential for short-term gains.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover reflects active trading, reducing the risk of illiquidity in penny stock 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.