Screening Filters & Rationale
Market Cap ≥ $10 billion:
- Purpose: Focus on large-cap stocks for stability and lower risk.
- Rationale: Large-cap companies are typically more established and resilient to market volatility.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
P/E Ratio (TTM) between 18 and 22:
- Purpose: Target stocks with reasonable valuations relative to earnings.
- Rationale: This range balances growth potential with avoiding overvalued stocks.
Return on Equity (ROE) ≥ 25%:
- Purpose: Identify companies with strong profitability and efficient use of equity.
- Rationale: High ROE reflects a company's ability to generate returns for shareholders.
Monthly Price Change ≥ 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Positive price momentum may indicate investor confidence and upward trends.
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.