First Eagle Funds Fund Price on September 23, 2024
FEREX Fund | USD 10.88 0.10 0.91% |
If you're considering investing in First Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of First Eagle stands at 10.88, as last reported on the 13th of December 2024, with the highest price reaching 10.88 and the lowest price hitting 10.88 during the day. First Eagle Funds secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12% return per unit of risk over the last 3 months. First Eagle Funds exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Eagle's Standard Deviation of 0.7162, variance of 0.513, and Mean Deviation of 0.5165 to check the risk estimate we provide.
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = -0.1158
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Eagle is not performing at its full potential. However, 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 First Eagle to a well-diversified portfolio.
First Eagle Valuation on September 23, 2024
It is possible to determine the worth of First Eagle on a given historical date. On September 23, 2024 First was worth 11.58 at the beginning of the trading date compared to the closed value of 11.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Eagle mutual fund. Still, in general, we apply an absolute valuation method to find First Eagle's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Eagle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Eagle's related companies.
Open | High | Low | Close | Volume | |
11.53 | 11.53 | 11.53 | 11.53 | 1.00 | |
09/23/2024 | 11.58 | 11.58 | 11.58 | 11.58 | 1.00 |
11.65 | 11.65 | 11.65 | 11.65 | 1.00 |
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First Eagle Trading Date Momentum on September 23, 2024
On September 24 2024 First Eagle Funds was traded for 11.65 at the closing time. The highest daily price throughout the period was 11.65 and the lowest price was 11.65 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.60% . The overall trading delta to current closing price is 0.17% . |
First Eagle Funds Fundamentals Correlations and Trends
By evaluating First Eagle's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Eagle's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Eagle Mutual Fund history
First Eagle investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Eagle Funds will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Eagle stock prices may prove useful in developing a viable investing in First Eagle
The fund will normally invest at least 80 percent of its net assets in a variety of assets believed by the adviser to represent interests in real assets or real asset industries. Real assets, in which the fund will invest, include physical assets and assets that are otherwise recognized as stores of value, such as gold bullion or other precious metals, certain commodities and inflation-linked fixed income securities.
First Eagle Mutual Fund Technical Analysis
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.
Price Boundaries
First Eagle Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
First Eagle Funds cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Eagle December 13, 2024 Market Strength
Market strength 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 undertsting and applying First Eagle mutual fund market strength indicators, traders can identify First Eagle Funds entry and exit signals to maximize returns
First Eagle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Eagle's price direction in advance. Along with the technical and fundamental analysis of First Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.12) |
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Volume Indicators |
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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