First Probability Of Bankruptcy

EABRX -  USA Fund  

USD 13.36  0.02  0.15%

First Eagle Global Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. First Eagle Global Probability Of Bankruptcy is determined by interpolating and adjusting First Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the First balance sheet as well as cash flow and income statements available from the company's most recent filings. Continue to First Eagle Piotroski F Score and First Eagle Altman Z Score analysis.

First Probability Of Bankruptcy 

 
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First Probability Of Bankruptcy Analysis

First Eagle's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current First Eagle Probability Of Bankruptcy

    
  1%  
Most of First Eagle's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Eagle Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of First Eagle probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting First Eagle odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of First Eagle Global financial health.
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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

First Eagle Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, First Eagle Global has a Probability Of Bankruptcy of 1.0%. This is much higher than that of the First Eagle family and significantly higher than that of the World Allocation category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

First Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Eagle's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of First Eagle could also be used in its relative valuation, which is a method of valuing First Eagle by comparing valuation metrics of similar companies.
First Eagle is currently under evaluation in probability of bankruptcy among similar funds.

First Fundamentals

About First Eagle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Eagle Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Eagle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Eagle Global based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks current income generation and long-term growth of capital. First Eagle is traded on NASDAQ Exchange in the United States.

First Eagle Investors Sentiment

The influence of First Eagle's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - EABRX

First Eagle Global Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in First Eagle Global. What is your opinion about investing in First Eagle Global? Are you bullish or bearish?
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Pair Trading with First Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Eagle will appreciate offsetting losses from the drop in the long position's value.

First Eagle Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for First Eagle and Capital Income Builder. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to First Eagle Piotroski F Score and First Eagle Altman Z Score analysis. Note that the First Eagle Global 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running First Eagle Global 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.