First Eagle Correlations

The correlation of First Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.

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Moving together with First Mutual Fund

0.87	VSMAX	Vanguard Small Cap	Pair Corr
0.87	VSCIX	Vanguard Small Cap	Pair Corr
0.87	VSCPX	Vanguard Small Cap	Pair Corr
0.87	NAESX	Vanguard Small Cap	Pair Corr
0.76	FSSNX	Fidelity Small Cap	Pair Corr
0.9	DFSTX	Us Small Cap	Pair Corr
0.9	FTHSX	Fuller Thaler Behavioral	Pair Corr
0.9	FTHNX	Fuller Thaler Behavioral	Pair Corr
0.91	PASVX	T Rowe Price	Pair Corr
0.91	PRVIX	T Rowe Price	Pair Corr
0.72	XDSMX	Dreyfus Strategic	Pair Corr
0.72	XNXJX	Nuveen New Jersey	Pair Corr
0.82	XNBHX	Neuberger Berman	Pair Corr
0.87	DD	Dupont De Nemours	Pair Corr
0.73	WMT	Walmart Common Stock	Pair Corr
0.63	BA	Boeing	Pair Corr
0.79	HD	Home Depot	Pair Corr
0.81	CAT	Caterpillar	Pair Corr
0.81	PG	Procter Gamble	Pair Corr

Moving against First Mutual Fund

0.6	MSFT	Microsoft	Pair Corr
0.43	IBM	International Business	Pair Corr

Related Correlations Analysis

	DSHXX	FMVUX	PRTXX	TRGXX	FTKXX	TIMXX
DSHXX		0.0	0.0	0.0	0.0	0.0	DSHXX
FMVUX	0.0		0.0	0.0	0.0	0.0	FMVUX
PRTXX	0.0	0.0		0.0	0.0	0.0	PRTXX
TRGXX	0.0	0.0	0.0		0.0	0.0	TRGXX
FTKXX	0.0	0.0	0.0	0.0		0.0	FTKXX
TIMXX	0.0	0.0	0.0	0.0	0.0		TIMXX
	DSHXX	FMVUX	PRTXX	TRGXX	FTKXX	TIMXX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FMVUX	+ 0.0	DSHXX
PRTXX	+ 0.0	DSHXX
TRGXX	+ 0.0	DSHXX
FTKXX	+ 0.0	DSHXX
TIMXX	+ 0.0	DSHXX
PRTXX	+ 0.0	FMVUX

High negative correlations

TIMXX	- 0.0	FTKXX
TIMXX	- 0.0	TRGXX
FTKXX	- 0.0	TRGXX
TIMXX	- 0.0	PRTXX
FTKXX	- 0.0	PRTXX
TRGXX	- 0.0	PRTXX

Risk-Adjusted Indicators

There is a big difference between First Mutual Fund performing well and First Eagle Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Eagle's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DSHXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FMVUX	0.75	0.17	0.20	0.09	0.83	-0.82	1.32	-1.56	8.06
PRTXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TRGXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FTKXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TIMXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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