GARP is selling at 53.37 as of the 17th of October 2024; that is 0.04% increase since the beginning of the trading day. The etf's last reported lowest price was 53.34. GARP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. GARP symbol was changed from STLG on 3rd of June 2024. Equity ratings for GARP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of September 2024 and ending today, the 17th of October 2024. Click here to learn more.
GARP is entity of United States. It is traded as Etf on BATS exchange. More on GARP
GARP [GARP] is traded in USA and was established null. GARP was previously known as iShares Factors Growth and was traded on BATS Exchange under the symbol STLG. The fund is listed under Large Growth. The entity is thematically classified as Large & Mid Caps ETFs. GARP currently have in assets under management (AUM). , while the total return for the last 3 years was 13.8%.
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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 GARP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether GARP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GARP Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Garp Etf. Highlighted below are key reports to facilitate an investment decision about Garp Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GARP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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The market value of GARP is measured differently than its book value, which is the value of GARP that is recorded on the company's balance sheet. Investors also form their own opinion of GARP's value that differs from its market value or its book value, called intrinsic value, which is GARP'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 GARP's market value can be influenced by many factors that don't directly affect GARP'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 GARP's value and its price as these two are different measures arrived at by different means. Investors typically determine if GARP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GARP'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.