First Eagle Gold Fund Quote
| FEGIX Fund | USD 26.47 0.33 1.26% |
Performance12 of 100
| Odds Of DistressLess than 17
|
First Eagle is trading at 26.47 as of the 18th of April 2024; that is 1.26% increase since the beginning of the trading day. The fund's open price was 26.14. First Eagle has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for First Eagle Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the fund invests at least 80 percent of its net assets in gold andor securities directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. More on First Eagle Gold
Moving together with First Mutual Fund
| 0.66 | FEBCX | First Eagle Global | PairCorr |
| 0.67 | FEBAX | First Eagle Global | PairCorr |
| 0.67 | FEBRX | First Eagle Global | PairCorr |
First Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Eagle's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Eagle or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Monster Funds (View all Themes) |
| Fund Concentration | First Eagle Funds, Large Funds, Equity Precious Metals Funds, Monster Funds, Equity Precious Metals, First Eagle, Large, Equity Precious Metals (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
First Eagle Gold [FEGIX] is traded in USA and was established 18th of April 2024. First Eagle is listed under First Eagle category by Fama And French industry classification. The fund is listed under Equity Precious Metals category and is part of First Eagle family. The entity is thematically classified as Monster Funds. This fund currently has accumulated 2.28 B in assets under management (AUM) with no minimum investment requirementsFirst Eagle Gold is currently producing year-to-date (YTD) return of 6.88% with the current yeild of 0.01%, while the total return for the last 3 years was 3.72%.
Check First Eagle Probability Of Bankruptcy
Instrument Allocation
Top First Eagle Gold Mutual Fund Constituents
| GOLD | Barrick Gold Corp | Stock | Materials |
| OR | Osisko Gold Ro | Stock | Materials |
| G | Genpact Limited | Stock | Information Technology |
| WPM | Wheaton Precious Metals | Stock | Materials |
| RGLD | Royal Gold | Stock | Materials |
| NG | NovaGold Resources | Stock | Materials |
| NCMGF | Newcrest Mining | Pink Sheet | Gold |
First Eagle Target Price Odds Analysis
Based on a normal probability distribution, the odds of First Eagle jumping above the current price in 90 days from now is under 4%. The First Eagle Gold probability density function shows the probability of First Eagle mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.395. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Eagle will likely underperform. Additionally, first Eagle Gold has an alpha of 0.0906, implying that it can generate a 0.0906 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of First Eagle to move above the current price in 90 days from now is under 4 (This First Eagle Gold probability density function shows the probability of First Mutual Fund to fall within a particular range of prices over 90 days) .
First Eagle Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Eagle market risk premium is the additional return an investor will receive from holding First Eagle long position in a well-diversified portfolio. 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 First Eagle. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Eagle's alpha and beta are two of the key measurements used to evaluate First Eagle's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.77 |
First Eagle Against Markets
Picking the right benchmark for First Eagle mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Eagle mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Eagle is critical whether you are bullish or bearish towards First Eagle Gold at a given time. Please also check how First Eagle's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Eagle without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy First Mutual Fund?
Before investing in First Eagle, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Eagle. To buy First Eagle fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Eagle. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Eagle fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Eagle Gold fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Eagle Gold fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as First Eagle Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in First Eagle Gold?
The danger of trading First Eagle Gold is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Eagle is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Eagle. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Eagle Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle Gold. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.