Screening Filters & Rationale
Market Cap (300M - 15B):
- Purpose: Focus on small to mid-cap stocks that are more likely to exhibit high volatility and retail-driven price movements.
- Rationale: Meme stocks often fall within this range, as they tend to attract speculative retail interest.
Relative Volume (Min 1.2):
- Purpose: Identify stocks with trading activity significantly above their average volume.
- Rationale: Elevated relative volume indicates heightened interest, often driven by retail traders or social media trends.
Beta (High Risk):
- Purpose: Target stocks with high volatility to align with the speculative nature of meme stock trading.
- Rationale: High beta stocks are more sensitive to market movements, making them suitable for short-term, high-risk strategies.
Is Optionable (True):
- Purpose: Ensure the stock has options available for trading.
- Rationale: Optionable stocks are often more liquid and attract speculative traders, a common characteristic of meme stocks.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention on social media or trading platforms.
- Rationale: Trending stocks are more likely to experience rapid price movements driven by retail enthusiasm.
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.