First Mutual Fund Alpha and Beta Analysis

FEHRX
 Fund
  

USD 7.65  0.01  0.13%   

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.
  
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 0.025391  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 0.16  . 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-0.03   β0.16
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 Fri, Jul 1, 2022 and Thu, Sep 29, 2022 is 7.9 with a coefficient of variation of 1.93. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 7.91, and mean deviation of 0.13. 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 financial instruments including First or other funds. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Eagle's short interest history, or implied volatility extrapolated from First Eagle options trading.

Build Portfolio with First Eagle

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for analysis

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, fund 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...