First Mutual Fund Manager Performance Evaluation

FEHRX
 Fund
  

USD 7.90  0.03  0.38%   

The fund shows a Beta (market volatility) of 0.1862, 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, First Eagle returns are expected to increase less than the market. However, during the bear market, the loss on holding First Eagle will be expected to be smaller as well. 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 philosophy 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 reviewing First Eagle High technical indicators, you can presently evaluate if the expected return of 0.0267% will be sustainable into the future.
  
First Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in First Eagle High are ranked lower than 5 (%) 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 newest stock price disturbance, may contribute to short-term losses for the investors.
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First Price Channel

Fifty Two Week Low7.61
Fifty Two Week High8.98

First Eagle Relative Risk vs. Return Landscape

If you would invest  777.00  in First Eagle High on September 6, 2022 and sell it today you would earn a total of  13.00  from holding First Eagle High or generate 1.67% return on investment over 90 days. First Eagle High is currently producing 0.0267% returns and takes up 0.3951% volatility of returns over 90 trading days. Put another way, 3% 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 523.3 times less return on investment than the market. But when comparing it to its historical volatility, the company is 315.97 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.11 of returns per unit of risk over similar time horizon.

First Eagle Current Valuation

Fairly Valued
Today 7.90
Please note that First Eagle's price fluctuation is very steady at this time.
First Eagle High shows a prevailing Real Value of $7.85 per share. The current price of the fund is $7.9. At this time, the entity appears to be fairly valued. 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.
7.85
Real Value
8.25
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:
Hype
Prediction
LowEstimated ValueHigh
7.507.908.30
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 = 0.0676

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Estimated Market Risk
 0.4
  actual daily
 
 3 %
of total potential
 
33
Expected Return
 0.03
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
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55
Based on monthly moving average First Eagle is performing at about 5% 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.

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

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 Alerts

Equity Alerts and Improvement Suggestions

First Eagle High is unlikely to experience financial distress in the next 2 years
On 1st of November 2022 First Eagle paid $ 0.0342 per share dividend to its current shareholders
The fund retains about 6.84% of its assets under management (AUM) in cash
Please check Investing Opportunities. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.