First Eagle High Fund Probability of Future Mutual Fund Price Finishing Over 8.63
| FEHIX Fund | USD 8.69 0.04 0.46% |
First |
First Eagle Target Price Odds to finish over 8.63
The tendency of First Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 8.63 in 90 days |
| 8.69 | 90 days | 8.63 | about 86.04 |
Based on a normal probability distribution, the odds of First Eagle to stay above $ 8.63 in 90 days from now is about 86.04 (This First Eagle High probability density function shows the probability of First Mutual Fund to fall within a particular range of prices over 90 days) . Probability of First Eagle High price to stay between $ 8.63 and its current price of $8.69 at the end of the 90-day period is about 29.89 .
Assuming the 90 days horizon First Eagle High has a beta of -0.14. This usually indicates as returns on the benchmark increase, returns on holding First Eagle are expected to decrease at a much lower rate. During a bear market, however, First Eagle High is likely to outperform the market. Additionally First Eagle High has an alpha of 0.0029, implying that it can generate a 0.002948 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). First Eagle Price Density |
| Price |
Predictive Modules for First Eagle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Eagle High. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.First Eagle Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Eagle is not an exception. The market had few large corrections towards the First Eagle's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Eagle High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Eagle within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.28 |
First Eagle Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First Eagle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Eagle High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Eagle High generated a negative expected return over the last 90 days | |
| The fund retains about 6.84% of its assets under management (AUM) in cash |
First Eagle Technical Analysis
First Eagle's future price can be derived by breaking down and analyzing its technical indicators over time. First Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Eagle High. In general, you should focus on analyzing First Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
First Eagle Predictive Forecast Models
First Eagle's time-series forecasting models is one of many First Eagle's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary First Eagle's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
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. Our stock 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 generated a negative expected return over the last 90 days | |
| The fund retains about 6.84% of its assets under management (AUM) in cash |
Other Information on Investing in First Mutual Fund
First Eagle financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Eagle security.
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