First Eagle Gold Fund Price on April 22, 2024

FEGOX Fund  USD 22.94  0.17  0.74%   
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 22.94, as last reported on the 26th of June, with the highest price reaching 22.94 and the lowest price hitting 22.94 during the day. At this stage we consider First Mutual Fund to be very steady. First Eagle Gold secures Sharpe Ratio (or Efficiency) of 0.0573, which denotes the fund had a 0.0573% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Eagle Gold, which you can use to evaluate the volatility of the entity. Please confirm First Eagle's Mean Deviation of 1.2, downside deviation of 1.89, and Coefficient Of Variation of 1744.17 to check if the risk estimate we provide is consistent with the expected return of 0.0911%.
  
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0573

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Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average First Eagle is performing at about 4% 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.

First Eagle Valuation on April 22, 2024

It is possible to determine the worth of First Eagle on a given historical date. On April 22, 2024 First was worth 22.57 at the beginning of the trading date compared to the closed value of 22.57. 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
  23.34    23.34    23.34    23.34    1.00  
04/22/2024
  22.57    22.57    22.57    22.57    1.00  
  22.80    22.80    22.80    22.80    1.00  
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Open Value
22.57
22.57
Closing Value
27.34
Upside

First Eagle Trading Date Momentum on April 22, 2024

On April 23 2024 First Eagle Gold was traded for  22.80  at the closing time. The highest daily price throughout the period was 22.80  and the lowest price was  22.80 . There was no trading activity during the period 1.0. Lack of trading volume on 04/23/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.02% . The overall trading delta to current closing price is 1.42% .

First Eagle Gold 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 Gold will depend on recognizing future opportunities and eliminating past mistake