FIRST EAGLE Financials

FEHAX Fund  USD 7.93  0.01  0.13%   
You can utilize FIRST EAGLE HIGH fundamental data analysis to find out if markets are now mispricing the fund. We were able to analyze eleven available fundamental indicators for FIRST EAGLE HIGH, which can be compared to its rivals. Please use FIRST EAGLE HIGH total asset and net asset to make a decision on whether FIRST EAGLE is priced correctly. Use FIRST EAGLE to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a normal upward fluctuation. Check odds of FIRST EAGLE to be traded at $8.33 in 90 days.
  
With this module, you can analyze FIRST financials for your investing period. You should be able to track the changes in FIRST EAGLE individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past FIRST EAGLE Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FIRST EAGLE's financial statements are interrelated, with each one affecting the others. For example, an increase in FIRST EAGLE's assets may result in an increase in income on the income statement.
Evaluating FIRST EAGLE's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of FIRST EAGLE's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the FIRST EAGLE's relative financial performance

Chance Of Distress

Less than 1

 
100  
 
0
FIRST EAGLE HIGH has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for FIRST EAGLE mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
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The data published in FIRST EAGLE's official financial statements usually reflect FIRST EAGLE's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of FIRST EAGLE HIGH. For example, before you start analyzing numbers published by FIRST accountants, it's critical to develop an understanding of what FIRST EAGLE's liquidity, profitability, and earnings quality are in the context of the First Eagle space in which it operates.
Please note that past performance is not an indicator of the future performance of FIRST EAGLE, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

FIRST EAGLE Company Summary

FIRST EAGLE competes with Multisector Bond, Overlay Shares, INTERMEDIATE TERM, PAYDEN CORPORATE, and JP Morgan. To pursue its investment objective, the fund normally invests at least 80 percent of its net assets in debt instruments that are below investment grade, commonly known as high yield or junk bonds. First Eagle is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS32008F7399
Business AddressFirst Eagle Fund
Mutual Fund FamilyFirst Eagle
Mutual Fund CategoryHigh Yield Bond
BenchmarkNYSE Composite
Phone800 334 2143
CurrencyUSD - US Dollar
You should never invest in FIRST EAGLE without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FIRST Mutual Fund, because this is throwing your money away. Analyzing the key information contained in FIRST EAGLE's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

FIRST EAGLE Key Financial Ratios

Generally speaking, FIRST EAGLE's financial ratios allow both analysts and investors to convert raw data from FIRST EAGLE's financial statements into concise, actionable information that can be used to evaluate the performance of FIRST EAGLE over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that FIRST EAGLE HIGH reports annually and quarterly.

FIRST Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FIRST EAGLE's current stock value. Our valuation model uses many indicators to compare FIRST EAGLE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FIRST EAGLE competition to find correlations between indicators driving FIRST EAGLE's intrinsic value. More Info.
FIRST EAGLE HIGH is one of the top funds in five year return among similar funds. It is one of the top funds in one year return among similar funds . . Comparative valuation analysis is a catch-all model that can be used if you cannot value FIRST EAGLE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FIRST EAGLE's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FIRST EAGLE's earnings, one of the primary drivers of an investment's value.

FIRST EAGLE HIGH Systematic Risk

FIRST EAGLE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FIRST EAGLE volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on FIRST EAGLE HIGH correlated with the market. If Beta is less than 0 FIRST EAGLE generally moves in the opposite direction as compared to the market. If FIRST EAGLE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FIRST EAGLE HIGH is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FIRST EAGLE is generally in the same direction as the market. If Beta > 1 FIRST EAGLE moves generally in the same direction as, but more than the movement of the benchmark.
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About FIRST EAGLE Financials

What exactly are FIRST EAGLE Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include FIRST EAGLE's income statement, its balance sheet, and the statement of cash flows. Potential FIRST EAGLE investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although FIRST EAGLE investors may use each financial statement separately, they are all related. The changes in FIRST EAGLE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FIRST EAGLE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze FIRST EAGLE Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as FIRST EAGLE is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of FIRST has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if FIRST EAGLE's financials are consistent with your investment objective using the following steps:
  • Review FIRST EAGLE's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand FIRST EAGLE's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare FIRST EAGLE's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if FIRST EAGLE's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed. FIRST EAGLE HIGH is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 7.56 Billion. FIRST EAGLE holds roughly 181.84 Million in net asset claiming about 2.4% of all funds under High Yield Bond category.

FIRST EAGLE June 3, 2023 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FIRST EAGLE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FIRST EAGLE HIGH. We use our internally-developed statistical techniques to arrive at the intrinsic value of FIRST EAGLE HIGH based on widely used predictive technical indicators. In general, we focus on analyzing FIRST Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FIRST EAGLE's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FIRST EAGLE HIGH. 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 nation. Note that the FIRST EAGLE HIGH information on this page should be used as a complementary analysis to other FIRST EAGLE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running FIRST EAGLE's price analysis, check to measure FIRST EAGLE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FIRST EAGLE is operating at the current time. Most of FIRST EAGLE's value examination focuses on studying past and present price action to predict the probability of FIRST EAGLE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIRST EAGLE's price. Additionally, you may evaluate how the addition of FIRST EAGLE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FIRST EAGLE's value and its price as these two are different measures arrived at by different means. Investors typically determine if FIRST EAGLE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIRST EAGLE'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.