First Eagle High Fund Probability of Future Mutual Fund Price Finishing Over 7.91
| FEHRX Fund | USD 8.26 0.01 0.12% |
First |
First Eagle Target Price Odds to finish over 7.91
The tendency of First Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 7.91 in 90 days |
| 8.26 | 90 days | 7.91 | about 98.0 |
Based on a normal probability distribution, the odds of First Eagle to stay above $ 7.91 in 90 days from now is about 98.0 (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) . Probability of First Eagle High price to stay between $ 7.91 and its current price of $8.26 at the end of the 90-day period is about 66.86 .
Assuming the 90 days horizon First Eagle has a beta of 0.14. 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 First Eagle High has an alpha of 0.0175, implying that it can generate a 0.0175 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). First Eagle Price Density |
| Price |
Predictive Modules for First Eagle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Eagle High. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Eagle Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Eagle is not an exception. The market had few large corrections towards the First Eagle's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Eagle High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Eagle within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.14 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.08 |
First Eagle Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First Eagle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Eagle High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 6.84% of its assets under management (AUM) in cash |
First Eagle Technical Analysis
First Eagle's future price can be derived by breaking down and analyzing its technical indicators over time. First Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Eagle High. In general, you should focus on analyzing First Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
First Eagle Predictive Forecast Models
First Eagle's time-series forecasting models is one of many First Eagle's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary First Eagle's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about First Eagle High
Checking the ongoing alerts about First Eagle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Eagle High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 6.84% of its assets under management (AUM) in cash |
Check out First Eagle Backtesting, Portfolio Optimization, First Eagle Correlation, First Eagle Hype Analysis, First Eagle Volatility, First Eagle History as well as First Eagle Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.