Screening Filters & Rationale
Short Ratio < 10%:
- Purpose: Identify stocks with low short interest.
- Rationale: Low short interest suggests positive market sentiment and reduced likelihood of downward pressure.
High Beta:
- Purpose: Focus on high-risk, high-reward stocks.
- Rationale: High beta stocks are more volatile and can experience significant price movements, aligning with the goal of a 20% increase.
Target Price Upside Potential > Current Price:
- Purpose: Select stocks with analyst target prices significantly above current levels.
- Rationale: Indicates potential for substantial price appreciation based on market expectations.
Price Above 20-Day Moving Average:
- Purpose: Highlight stocks in a short-term uptrend.
- Rationale: A price above the 20-day moving average suggests bullish momentum, increasing the likelihood of further gains.
Weekly Price Change ≥ 0%:
- Purpose: Exclude stocks with recent negative performance.
- Rationale: Ensures focus on stocks with stable or positive momentum, reducing downside risk.
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.