very volatile, high volume small cap stocks???
- Thread starter cashclay
- Start date
rmorse
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Try this: http://finviz.com/screener.ashx?v=111&f=sh_price_u4 to screen or stocks.
Here is a better screener, but you must do some work yourself, see below:
http://www.google.com/finance#stockscreener
Add the following new criteria:
Last Price: < 4
Beta: > 1 (this is in "Stock Metrics")
And set this criteria:
Market Cap: > 750M
Just adjust these values, then the resulting set of stocks gets filtered accordingly.
For finding volatile stocks the Beta should be > 1, the higher the more volatile. In your case try >2 or even higher.
Then inspect the chart of the found companies, and check that enough volume is present...
Regarding Beta see this: https://en.wikipedia.org/wiki/Beta_(finance)
http://www.google.com/finance#stockscreener
Add the following new criteria:
Last Price: < 4
Beta: > 1 (this is in "Stock Metrics")
And set this criteria:
Market Cap: > 750M
Just adjust these values, then the resulting set of stocks gets filtered accordingly.
For finding volatile stocks the Beta should be > 1, the higher the more volatile. In your case try >2 or even higher.
Then inspect the chart of the found companies, and check that enough volume is present...
Regarding Beta see this: https://en.wikipedia.org/wiki/Beta_(finance)
He's interested in high-vol stocks rather than high beta. An idiosyncratic stock can be highly volatile with zero beta.
must be an outlier, ie. just started...
Beta means volatility above market avg... just read the given wiki link.
For "very volatile, high volume small cap stocks" you would start the search with a Beta >1.
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Then either Wiki is wrong, or your understanding of it is.
I cite from the wiki page:
"In finance, the beta (β or beta coefficient) of an investment indicates whether the investment is more or less volatile than the market. In general, a beta less than 1 indicates that the investment is less volatile than the market, while a beta more than 1 indicates that the investment is more volatile than the market. Volatility is measured as the fluctuation of the price around the mean: the standard deviation."
What is it that you view it diametrically different?
Assuming you can find such a stock that you can borrow. I doubt you can. You're going to get stuck with something thinly traded and relatively illiquid. Personally, I wouldn't consider shorting anything with the characteristics you listed unless I had more than enough capital to manipulate its market, legally of course.
AMD is cheap and liquid, but it does not move "tremendously" intraday. It moves a couple percent regularly. If you find a cheap stock that moves tremendously it is going to be illiquid. It is also easy to find illiquid, cheap stocks that just sit there waiting for a fool to show up. If you do find what you are looking for, Don't short it. Run from it as fast as you can.
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