Im Global Partner Etf Profile
IM Global is trading at 9.40 as of the 24th of November 2024, a 0.21% increase since the beginning of the trading day. The etf's open price was 9.38. Equity ratings for IM Global Partner are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
IRBA Etf Highlights
| Old Name | Litman Gregory Funds Trust |
| Business Concentration | Materials, Metals & Mining, Materials, Materials (View all Sectors) |
| Name | Litman Gregory Funds Trust |
| Currency Code | USD |
| 50 Day M A | 9.5253 |
| Code | IRBA |
| Country Name | USA |
| Open Figi | BBG0150G9W47 |
| 200 Day M A | 9.2227 |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
| Type | Common Stock |
| I P O Date | 1st of February 2022 |
| Is Delisted | false |
IM Global Partner [IRBA] is traded in USA and was established 2022-01-31. The fund is listed under Materials category and is part of Metals & Mining family. IM Global Partner currently have 8.28 M in assets under management (AUM). with the current yeild of 0.01%.
Check IM Global Probability Of Bankruptcy
IM Global Partner Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IM Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.3948 | |||
| Semi Deviation | 0.4387 | |||
| Standard Deviation | 0.4769 | |||
| Variance | 0.2274 |
IM Global Against Markets
IM Global Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IM Global etf to make a market-neutral strategy. Peer analysis of IM Global could also be used in its relative valuation, which is a method of valuing IM Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of IM Global Partner is measured differently than its book value, which is the value of IRBA that is recorded on the company's balance sheet. Investors also form their own opinion of IM Global's value that differs from its market value or its book value, called intrinsic value, which is IM Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IM Global's market value can be influenced by many factors that don't directly affect IM Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IM Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IM Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IM Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.