Screening Filters & Rationale
Market Cap (max: $2,000,000,000):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for rapid price increases, aligning with the goal of identifying penny stocks likely to rise.
Price (max: $5):
- Purpose: Target low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, which are more likely to experience significant short-term price movements.
Relative Volume (min: 1.1):
- Purpose: Identify stocks with increased trading activity compared to their average.
- Rationale: Higher relative volume indicates heightened investor interest, which can signal potential price momentum.
Beta (HighRisk):
- Purpose: Focus on stocks with higher volatility.
- Rationale: High beta stocks are more sensitive to market movements, increasing the likelihood of significant short-term price changes.
Weekly Price Change Percentage (min: -5, max: 0):
- Purpose: Select stocks that have recently declined but are not excessively oversold.
- Rationale: Stocks with slight recent declines may be poised for a rebound, offering potential for short-term gains.
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.