Stocks doing well right now

Screening Filters

1. month_price_change_pct (min: 0):

   • Purpose: To identify stocks that have shown positive price performance over the past month.
   • Rationale: A positive percentage change in price over the last month indicates that the stock is "doing well" recently in terms of price appreciation, aligning with the user's request for stocks performing well right now.

2. relative_vol (min: 2.0):

   • Purpose: To filter for stocks with trading activity significantly higher than their average volume.
   • Rationale: A relative volume above 2.0 suggests that the stock is experiencing heightened investor interest or activity, which often correlates with strong recent performance or significant market events.

3. market_cap (min: 5,000,000,000):

   • Purpose: To focus on larger, more established companies with a market capitalization of at least $5 billion.
   • Rationale: Larger-cap stocks tend to have more stability and liquidity, making them more reliable indicators of "doing well" compared to smaller, more volatile companies.

4. beta (ModerateRisk):

   • Purpose: To select stocks with moderate risk levels, as measured by their beta.
   • Rationale: Stocks with moderate beta values (typically between 0.8 and 1.2) are neither overly volatile nor too defensive, making them more likely to reflect steady performance in the current market environment.

Why Results Match:

• The filters collectively focus on stocks that are currently performing well in terms of price appreciation (month_price_change_pct) and are experiencing increased market attention (relative_vol).
• By including a market cap filter, the screener ensures that the results are skewed toward larger, more stable companies, which are more likely to sustain their performance.
• The beta filter ensures that the stocks selected are not excessively risky or overly conservative, aligning with the idea of "doing well" in a balanced manner.