Screening Filters
Relative Volume (min: 1.5)
- Purpose: To identify stocks with significantly higher trading activity compared to their average.
- Rationale: A relative volume above 1.5 indicates that the stock is experiencing increased interest and activity, which could signal potential price movement. High trading volume often accompanies stocks that are gaining attention and may have a chance of moving up significantly.
Weekly Average Turnover (min: 1,000,000)
- Purpose: To ensure the stocks have sufficient liquidity and are actively traded.
- Rationale: A minimum weekly turnover of $1,000,000 ensures that the stocks are not illiquid or obscure. Liquid stocks are more likely to attract institutional and retail investors, which can drive price increases.
Beta (HighRisk)
- Purpose: To focus on high-risk, high-reward stocks.
- Rationale: Stocks with high beta are more volatile and tend to have larger price swings compared to the overall market. While this increases risk, it also increases the potential for significant upward movement, aligning with the user's query for stocks with a chance of "going up a lot."
Quarterly EPS YoY Growth (min: 20%)
- Purpose: To filter for companies with strong earnings growth.
- Rationale: A minimum 20% year-over-year growth in quarterly earnings per share (EPS) indicates that the company is performing well financially. Strong earnings growth often attracts investors and can lead to upward price momentum.
P/E Ratio (TTM, max: 20)
- Purpose: To identify stocks that are relatively undervalued compared to their earnings.
- Rationale: A price-to-earnings (P/E) ratio below 20 suggests that the stock is not overly expensive relative to its earnings. This makes it more attractive to value-conscious investors, increasing the likelihood of price appreciation if the market recognizes its potential.
Why Results Match:
- The filters collectively aim to identify stocks with a combination of high trading activity, strong financial performance, and potential for significant price movement.
- High relative volume and weekly turnover ensure the stocks are actively traded and gaining attention.
- High beta focuses on stocks with greater volatility, which increases the potential for large price swings.
- Strong EPS growth highlights companies with solid financial performance, which can drive investor confidence and price increases.
- A reasonable P/E ratio ensures the stocks are not overvalued, making them more attractive to investors looking for growth at a fair price.
By combining these filters, the screener identifies stocks that have a higher probability of experiencing significant upward movement, aligning with the user's query.
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.