First Mutual Fund Alpha and Beta Analysis

FEHCX -  USA Fund  

USD 8.98  0.01  0.11%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Eagle High. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Eagle over a specified time horizon. Remember, high First Eagle's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check First Eagle Backtesting, Portfolio Optimization, First Eagle Correlation, First Eagle Hype Analysis, First Eagle Volatility, First Eagle History and analyze First Eagle Performance.

First Beta 

 
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Please note that although First Eagle alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, First Eagle did 0.016992  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of First Eagle High fund's relative risk over its benchmark. First Eagle High has a beta of 0.0159  . 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.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

First Eagle Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Eagle market risk premium is the additional return an investor will receive from holding First Eagle long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Eagle. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate First Eagle's performance over market.
α-0.02   β0.0159
90 days against DJI

First Eagle expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of First Eagle's Buy-and-hold return. Our buy-and-hold chart shows how First Eagle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

First Eagle Market Price Analysis

Market price analysis indicators help investors to evaluate how First Eagle mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Eagle shares will generate the highest return on investment. By understating and applying First Eagle mutual fund market price indicators, traders can identify First Eagle position entry and exit signals to maximize returns.

First Eagle Return and Market Media

The median price of First Eagle for the period between Wed, Jul 28, 2021 and Tue, Oct 26, 2021 is 9.02 with a coefficient of variation of 0.28. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 9.02, and mean deviation of 0.02. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About First Eagle Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in First Eagle High has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

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 - FEHCX

First Eagle High Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in First Eagle High. What is your opinion about investing in First Eagle High? Are you bullish or bearish?
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Please check First Eagle Backtesting, Portfolio Optimization, First Eagle Correlation, First Eagle Hype Analysis, First Eagle Volatility, First Eagle History and analyze First Eagle Performance. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running First Eagle High 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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First Eagle technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of First Eagle technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Eagle trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...