FIRST Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . FIRST EAGLE HIGH
FEHAX Fund  USD 7.93  0.02  0.25%   
The fund shows a Beta (market volatility) of -0.0533, which means not very significant fluctuations relative to the market. Let's try to break down what FIRST's beta means in this case. 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. Although it is important to respect FIRST EAGLE HIGH historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating FIRST EAGLE HIGH technical indicators, you can now evaluate if the expected return of 0.0164% will be sustainable into the future.
  

FIRST Performance

4 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in FIRST EAGLE HIGH are ranked lower than 4 (%) 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
Fifty Two Week Low7.60
Fifty Two Week High8.98

FIRST EAGLE Relative Risk vs. Return Landscape

If you would invest  785.00  in FIRST EAGLE HIGH on March 5, 2023 and sell it today you would earn a total of  8.00  from holding FIRST EAGLE HIGH or generate 1.02% return on investment over 90 days. FIRST EAGLE HIGH is currently producing 0.0164% returns and takes up 0.2553% 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.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon FIRST EAGLE is expected to generate 0.27 times more return on investment than the market. However, the company is 3.71 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of risk.

FIRST EAGLE Current Valuation

Fairly Valued
Today 7.93
Please note that FIRST EAGLE's price fluctuation is very steady at this time.
FIRST EAGLE HIGH shows a prevailing Real Value of $7.91 per share. The current price of the fund is $7.93. At this time, the entity appears to be fairly valued. We determine the value of FIRST EAGLE HIGH from evaluating 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 future time, 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.
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock 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 the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
7.91
Real Value
8.17
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.907.927.95
Details
Hype
Prediction
LowEstimatedHigh
7.677.938.19
Details
Potential
Annual Dividend
LowForecastedHigh
0.240.240.24
Details

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 = 0.0643

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFEHAX

Estimated Market Risk

 0.26
  actual daily
 2 
98% of assets are more volatile
22

Expected Return

 0.02
  actual daily
 0 
Most of other assets have higher returns
00

Risk-Adjusted Return

 0.06
  actual daily
 4 
96% of assets perform better
44
Based on monthly moving average FIRST EAGLE is performing at about 4% 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 Asset181.84 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 debt instruments that are below investment grade, commonly known as high yield or junk bonds. First Eagle is traded on NASDAQ Exchange in the United States.

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.
FIRST EAGLE HIGH is unlikely to experience financial distress in the next 2 years
The fund retains about 6.84% of its assets under management (AUM) in cash
Evaluating FIRST EAGLE's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate FIRST EAGLE's mutual fund performance include:
  • 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.
It's essential to remember that evaluating FIRST EAGLE's mutual fund performance is not an exact science, and many factors can impact FIRST EAGLE's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for FIRST Mutual Fund analysis

When running FIRST EAGLE's 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 the 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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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 if FIRST EAGLE is a good investment 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2023 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY