Screening Filters & Rationale
Market Cap ≥ $20 billion:
- Purpose: Focus on large-cap stocks for stability and lower risk.
- Rationale: Large-cap companies are typically more established and resilient during market fluctuations.
Dividend Yield (TTM) ≥ 3%:
- Purpose: Target stocks with strong income potential.
- Rationale: A higher dividend yield ensures consistent returns, aligning with income-focused strategies.
Weekly Average Turnover ≥ 2,000,000:
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover indicates active trading, reducing the risk of price manipulation and ensuring smoother transactions.
P/E Ratio (TTM) ≤ 20:
- Purpose: Identify undervalued stocks with reasonable pricing.
- Rationale: A lower P/E ratio suggests the stock is priced attractively relative to its earnings, offering potential for growth.
Weekly Price Change ≥ 1%:
- Purpose: Focus on stocks with positive short-term momentum.
- Rationale: Positive price movement indicates growing investor interest and potential 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.