First Eagle Gold Fund Quote

SGGDX Fund  USD 20.56  0.14  0.68%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 44

 
100  
 
Zero
Below Average
First Eagle is trading at 20.56 as of the 28th of February 2024; that is -0.68% down since the beginning of the trading day. The fund's open price was 20.7. First Eagle has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over 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 29th of January 2024 and ending today, the 28th of February 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

  0.95FEGOX First Eagle GoldPairCorr
  1.0FEGIX First Eagle GoldPairCorr

Moving against FIRST Mutual Fund

  0.52SGENX First Eagle GlobalPairCorr
  0.51EARGX First Eagle GlobalPairCorr
  0.48FESGX First Eagle GlobalPairCorr
  0.42SGIIX First Eagle GlobalPairCorr
  0.41FEFAX First Eagle FundPairCorr

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 Ideas
(View all Themes)
Fund ConcentrationFirst Eagle Funds, Large Funds, Equity Precious Metals Funds, Precious Metals Funds, Monster Funds, Equity Precious Metals, First Eagle, Large, Equity Precious Metals (View all Sectors)
Update Date31st of December 2023
Expense Ratio Date1st of March 2023
Fiscal Year EndOctober
First Eagle Gold [SGGDX] is traded in USA and was established 28th of February 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 Precious Metals Funds. This fund at this time has accumulated 2.28 B in assets with minimum initial investment of 2.5 K. First Eagle Gold is currently producing year-to-date (YTD) return of 8.62% with the current yeild of 0.01%, while the total return for the last 3 years was -2.31%.
Check First Eagle Probability Of Bankruptcy

Instrument Allocation

Top First Eagle Gold Mutual Fund Constituents

GOLDBarrick Gold CorpStockMaterials
NEMNewmont Goldcorp CorpStockMaterials
GGenpact LimitedStockInformation Technology
OROsisko Gold RoStockMaterials
WPMWheaton Precious MetalsStockMaterials
RGLDRoyal GoldStockMaterials
NGNovaGold ResourcesStockMaterials
More Details

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 about 97.0%. 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 First Eagle Gold has a beta of -0.4585. This usually implies as returns on benchmark increase, returns on holding First Eagle are expected to decrease at a much lower rate. During the bear market, however, First Eagle Gold is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. First Eagle Gold is significantly underperforming NYSE Composite.
  Odds Below 20.56HorizonTargetOdds Above 20.56
2.64%90 days
 20.56 
97.33%
Based on a normal probability distribution, the odds of First Eagle to move above the current price in 90 days from now is about 97.0 (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.

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?

Run Portfolio Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Module

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 Shape 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 World Market Map 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 unemployment.
Note that the First Eagle Gold 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for FIRST Mutual Fund analysis

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.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Transaction History
View history of all your transactions and understand their impact on performance
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.