First Eagle Gold Fund Price on April 10, 2024
| FEGOX Fund | USD 22.75 0.17 0.75% |
Below is the normalized historical share price chart for First Eagle Gold extending back to May 15, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Eagle stands at 22.75, as last reported on the 19th of June, with the highest price reaching 22.75 and the lowest price hitting 22.75 during the day.
If you're considering investing in First Mutual Fund, it is important to understand the factors that can impact its price. We consider First Eagle very steady. First Eagle Gold secures Sharpe Ratio (or Efficiency) of 0.093, which denotes the fund had a 0.093% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Eagle Gold, which you can use to evaluate the volatility of the entity. Please confirm First Eagle's Downside Deviation of 1.85, mean deviation of 1.25, and Coefficient Of Variation of 1139.47 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.093
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| Cash | Small Risk | FEGOX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average First Eagle is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Eagle by adding it to a well-diversified portfolio.
First Eagle Valuation on April 10, 2024
It is possible to determine the worth of First Eagle on a given historical date. On April 10, 2024 First was worth 23.18 at the beginning of the trading date compared to the closed value of 23.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Eagle mutual fund. Still, in general, we apply an absolute valuation method to find First Eagle's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Eagle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Eagle's related companies.
| Open | High | Low | Close | Volume | |
| 23.46 | 23.46 | 23.46 | 23.46 | 1.00 | |
04/10/2024 | 23.18 | 23.18 | 23.18 | 23.18 | 1.00 |
| 23.55 | 23.55 | 23.55 | 23.55 | 1.00 |
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First Eagle Trading Date Momentum on April 10, 2024
| On April 11 2024 First Eagle Gold was traded for 23.55 at the closing time. The highest daily price throughout the period was 23.55 and the lowest price was 23.55 . There was no trading activity during the period 1.0. Lack of trading volume on 04/11/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.60% . The overall trading delta to current closing price is 2.63% . |
First Eagle Gold Fundamentals Correlations and Trends
By evaluating First Eagle's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Eagle's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Eagle Mutual Fund history
First Eagle investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Eagle Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Eagle stock prices may prove useful in developing a viable investing in First Eagle
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. The fund is non-diversified.
First Eagle Mutual Fund Technical Analysis
First Eagle technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
First Eagle Period Price Range
Low | April 10, 2024
| High |
23.18 | 23.18 |
First Eagle June 19, 2024 Market Strength
Market strength indicators help investors to evaluate how First Eagle mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Eagle shares will generate the highest return on investment. By undertsting and applying First Eagle mutual fund market strength indicators, traders can identify First Eagle Gold entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.18 | |||
| Day Typical Price | 23.18 | |||
| Period Momentum Indicator | (0.43) | |||
| Relative Strength Index | 49.45 |
First Eagle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Eagle's price direction in advance. Along with the technical and fundamental analysis of First Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0609 | |||
| Jensen Alpha | 0.1324 | |||
| Total Risk Alpha | 0.1296 | |||
| Sortino Ratio | 0.0718 | |||
| Treynor Ratio | 0.107 |
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| Volume Indicators |
Other Information on Investing in First Mutual Fund
First Eagle financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Eagle security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |