First Eagle High Fund Manager Performance Evaluation
| FEHAX Fund | USD 8.24 0.01 0.12% |
The fund shows a Beta (market volatility) of -0.0155, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First Eagle are expected to decrease at a much lower rate. During the bear market, First Eagle is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in First Eagle High are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, First Eagle is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.2500 |
First |
First Eagle Relative Risk vs. Return Landscape
If you would invest 798.00 in First Eagle High on January 20, 2024 and sell it today you would earn a total of 26.00 from holding First Eagle High or generate 3.26% return on investment over 90 days. First Eagle High is currently producing 0.0521% returns and takes up 0.2606% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Eagle Current Valuation
Fairly Valued
Today
Please note that First Eagle's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. First Eagle High shows a prevailing Real Value of $8.22 per share. The current price of the fund is $8.24. We determine the value of First Eagle High from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for First Eagle High is useful when determining the fair value of the First mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of First Eagle. Since First Eagle is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Mutual Fund. However, First Eagle's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.24 | Real 8.22 | Hype 8.24 | Naive 8.29 |
The real value of First Mutual Fund, also known as its intrinsic value, is the underlying worth of First Eagle High Mutual Fund, which is reflected in its stock price. It is based on First Eagle's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of First Eagle's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence First Eagle's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Eagle High helps investors to forecast how First mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Eagle more accurately as focusing exclusively on First Eagle's fundamentals will not take into account other important factors: First Eagle Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Eagle's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as First Eagle High, and traders can use it to determine the average amount a First Eagle's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1997
| Best Portfolio | Best Equity | |||
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| Cash | FEHAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average First Eagle is performing at about 15% 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 Fundamentals Growth
First Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of First Eagle, and First Eagle fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Mutual Fund performance.
| Total Asset | 67.39 M | ||||
About First Eagle Performance
To evaluate First Eagle High Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when First Eagle generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare First Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand First Eagle High market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.To pursue its investment objective, the fund normally invests at least 80 percent of its net assets in municipal bonds that pay interest that is exempt from regular federal personal income tax. Such municipal bonds may include obligations issued by U.S. states and their subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories that pay interest that is exempt from regular federal personal income tax and may include all types of municipal bonds.Things to note about First Eagle High performance evaluation
Checking the ongoing alerts about First Eagle for important developments is a great way to find new opportunities for your next move. Mutual Fund 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 |
- Analyzing First Eagle's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Eagle's stock is overvalued or undervalued compared to its peers.
- Examining First Eagle's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Eagle's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Eagle's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of First Eagle's mutual fund. These opinions can provide insight into First Eagle's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.