First Eagle Gold Fund Manager Performance Evaluation
| FEGIX Fund | USD 25.82 0.88 3.30% |
The fund shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. First Eagle returns are very sensitive to returns on the market. As the market goes up or down, First Eagle is expected to follow.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in First Eagle Gold are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, First Eagle showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 0.9400 |
First |
First Eagle Relative Risk vs. Return Landscape
If you would invest 2,271 in First Eagle Gold on January 24, 2024 and sell it today you would earn a total of 311.00 from holding First Eagle Gold or generate 13.69% return on investment over 90 days. First Eagle Gold is currently producing 0.2209% returns and takes up 1.6679% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than First, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Eagle Current Valuation
Undervalued
Today
Please note that First Eagle's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. First Eagle Gold shows a prevailing Real Value of $27.49 per share. The current price of the fund is $25.82. We determine the value of First Eagle Gold 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 Gold 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 25.82 | Real 27.49 | Hype 25.82 |
The real value of First Mutual Fund, also known as its intrinsic value, is the underlying worth of First Eagle Gold 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 Gold 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 Gold, 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 = 0.1324
| Best Portfolio | Best Equity | |||
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| Small Returns | FEGIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average First Eagle is performing at about 10% 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.
| Price To Earning | 32.53 X | ||||
| Price To Book | 1.45 X | ||||
| Price To Sales | 3.28 X | ||||
| Total Asset | 1.42 B | ||||
About First Eagle Performance
To evaluate First Eagle Gold 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 Gold 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 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. First Eagle is traded on NASDAQ Exchange in the United States.Things to note about First Eagle Gold 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 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated-1.0 ten year return of -1.0% |
- 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 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 gross domestic product. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.