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 less volatile, aligning with a conservative investment approach.
Beta (LowRisk, ModerateRisk):
- Purpose: Select stocks with low to moderate volatility.
- Rationale: Lower beta stocks reduce exposure to market fluctuations, suitable for risk-averse investors.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
RSI (14) ≤ 35:
- Purpose: Identify potentially oversold stocks for buying opportunities.
- Rationale: A low RSI suggests the stock may be undervalued and poised for a rebound.
Weekly Price Change ≥ -1%:
- Purpose: Avoid stocks with significant recent declines.
- Rationale: This filter ensures the stock is relatively stable and not in a sharp downtrend.
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.