First Mutual Fund Quote

FEHAX -  USA Fund  

USD 8.90  0.02  0.22%

Market Performance
0 of 100
Odds Of Distress
Less than 1
First Eagle is trading at 8.90 as of the 7th of December 2021; that is -0.22% down since the beginning of the trading day. The fund's open price was 8.92. First Eagle has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Eagle High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2021 and ending today, the 7th of December 2021. Click here to learn more.
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.. More on First Eagle High

First Eagle 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
First Eagle High generated a negative expected return over the last 90 days
First Eagle High is unlikely to experience financial distress in the next 2 years
The fund retains about 6.82% of its assets under management (AUM) in cash
Legal NameFirst Eagle High
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Eagle's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year0.54
Startdate19th of November 2007
First Eagle High [FEHAX] is traded in USA and was established 7th of December 2021. The fund is listed under High Yield Bond category and is part of First Eagle family. First Eagle High currently has accumulated 238.94 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 1.04%.
Check First Eagle Probability Of Bankruptcy

Instrument Allocation

First Eagle Target Price Odds Analysis

What are First Eagle's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Eagle jumping above the current price in 90 days from now is roughly 97.0%. The First Eagle High 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 First Eagle has a beta of 0.0678. This usually indicates as returns on the market go up, First Eagle average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Eagle High will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. First Eagle High is significantly underperforming DOW.
 Odds Down 8.9HorizonTargetOdds Up 8.9 
2.84%90 days
 8.90 
96.87%
Based on a normal probability distribution, the odds of First Eagle to move above the current price in 90 days from now is roughly 97.0 (This First Eagle High probability density function shows the probability of First Mutual Fund to fall within a particular range of prices over 90 days) .

First Eagle High 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.

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 High at a given time.

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 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.

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Fundamental Analysis

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Please check Investing Opportunities. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for First Mutual Fund analysis

When running First Eagle High 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 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 First Eagle value 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.