First Eagle High Fund Volatility
| FEHCX Fund | USD 7.90 -0.07 -0.88% |
Over the designated horizon, First Eagle High maintains a minimal volatility profile. First Eagle High posts a Sharpe Ratio (Efficiency) of -0.0242, suggesting weak return efficiency over the last 3 months. We observed 20 technical indicators shaping the current volatility backdrop.
Sharpe Ratio = -0.0242
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FEHCX |
First Eagle High's financial profile includes a Market Risk Adjusted Performance of -0.3%, a Risk of 0.24, and a Risk Adjusted Performance of -0.05%. Monthly moving average analysis shows FIRST EAGLE is not yet reaching its full return potential. Incorporating it into a well-diversified portfolio can enhance total return while reducing risk.
Key indicators related to FIRST EAGLE's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
FIRST EAGLE's volatility is most commonly measured using the annualized standard deviation of daily returns. This statistical measure reflects the magnitude of FIRST EAGLE's typical price swings and is a primary input in options pricing models.
FIRST |
Volatility Strategy
First Eagle High return fluctuations can modify its marginal contribution to total portfolio variance. Allocation size and correlation determine overall impact. Current statistical measures show total volatility near 0.24% with a beta coefficient of 0.061, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0242, evaluates return per unit of total risk. An alpha value of -0.0114 reflects performance relative to systematic market exposure. Expected return estimates near -0.0059% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to FIRST EAGLE's market risk premium analysis include:
Beta 0.061 | Alpha -0.01 | Risk 0.24 | Sharpe Ratio -0.02 | Expected Return -0.01 |
Moving together with FIRST Mutual Fund
| 0.82 | FEBIX | First Eagle Global | PairCorr |
| 0.8 | FEBCX | First Eagle Global | PairCorr |
| 0.8 | FEBAX | First Eagle Global | PairCorr |
| 0.88 | FEAMX | First Eagle Fund | PairCorr |
| 0.82 | FEBRX | First Eagle Global | PairCorr |
| 0.89 | FEFRX | First Eagle Fund | PairCorr |
| 0.89 | FEFAX | First Eagle Fund | PairCorr |
| 0.85 | FEGRX | First Eagle Global | PairCorr |
| 0.71 | FEGOX | First Eagle Gold | PairCorr |
| 0.71 | FEGIX | First Eagle Gold | PairCorr |
| 0.99 | FEHRX | First Eagle High | PairCorr |
| 0.99 | FEHIX | First Eagle High | PairCorr |
| 0.88 | FEHAX | First Eagle High | PairCorr |
| 0.83 | FEMAX | First Eagle Smid | PairCorr |
| 0.69 | SGGDX | First Eagle Gold | PairCorr |
| 0.84 | FEORX | First Eagle Overseas | PairCorr |
| 0.85 | SGIIX | First Eagle Global | PairCorr |
| 0.84 | FESCX | First Eagle Small | PairCorr |
| 0.84 | FESAX | First Eagle Small | PairCorr |
| 0.78 | FERRX | First Eagle Funds | PairCorr |
| 0.84 | FESRX | First Eagle Small | PairCorr |
| 0.83 | FESOX | First Eagle Overseas | PairCorr |
| 0.83 | FESMX | First Eagle Smid | PairCorr |
| 0.84 | SGOIX | First Eagle Overseas | PairCorr |
| 0.82 | FEVRX | First Eagle Value | PairCorr |
| 0.82 | FEVIX | First Eagle Value | PairCorr |
| 0.82 | FEVCX | First Eagle Value | PairCorr |
| 0.71 | FEURX | First Eagle Gold | PairCorr |
| 0.83 | FEXRX | First Eagle Smid | PairCorr |
Sensitivity To Market
First Eagle High exhibits a beta of 0.061, representing its market-relative sensitivity based on regression modeling. Beta quantifies systematic risk by measuring the slope of asset returns against benchmark returns. Overall return volatility is approximately 0.24%.Volatility metrics for First Eagle High describe how stable or unstable returns have been over the selected window. Current downside deviation is about 0.0%. Portfolio turnover and allocation changes can alter fund volatility over time.
3 Months Beta |Analyze First Eagle High Demand TrendCheck current 90 days FIRST EAGLE correlation with market (Dow Jones Industrial)Downside Risk
The standard deviation of FIRST measures how widely its daily prices are dispersed around the mean for a given time period. Highly volatile instruments have large standard deviations; stable instruments have small ones.
Standard Deviation | 0.24 |
Standard deviation captures both upside and downside movement in FIRST EAGLE. However, investors specifically concerned with loss potential should use downside deviation or semi-deviation of FIRST EAGLE's returns. First Eagle High's financial profile includes a Maximum Drawdown of 1.37.
Mutual Fund Volatility Analysis
FIRST EAGLE fund volatility is a measure of the speed and extent of FIRST EAGLE's price movements. High volatility generally means the mutual fund price moves dramatically up or down in a short period of time. Low volatility means FIRST EAGLE's price does not fluctuate dramatically and tends to be more predictable.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. First Eagle High Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon FIRST EAGLE has a beta of 0.061 . This usually indicates as returns on the market go up, FIRST EAGLE's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding First Eagle High is expected to be smaller as well.Investors in FIRST EAGLE face systematic risk from overall mutual fund market trends and unsystematic risk from company or sector-specific developments. Diversification reduces specific exposure, but macro-driven volatility persists. Beta remains a common sensitivity metric. First Eagle High's financial profile includes a Mean Deviation of 0.15 and a Standard Deviation of 0.24.
Predicted Return Density |
| Returns |
What Drives FIRST EAGLE's Price Volatility?
Several factors can influence FIRST EAGLE's market volatility:Industry Dynamics
Sector-level events can directly affect FIRST EAGLE's price stability. Regulatory changes, supply disruptions, or shifts in demand within FIRST EAGLE's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like FIRST EAGLE.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for FIRST EAGLE's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward FIRST EAGLE. During periods of economic expansion, FIRST EAGLE's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.FIRST EAGLE's Company-Specific Factors
Volatility can also stem from events unique to FIRST EAGLE. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in FIRST EAGLE's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on FIRST EAGLE's share price.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of FIRST EAGLE is -4135.11. The daily returns are distributed with a variance of 0.06 and standard deviation of 0.24. The mean deviation of First Eagle High is currently at 0.15. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | -0.0114 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | 0.34 |
Mutual Fund Return Volatility
FIRST EAGLE return volatility captures the typical daily swing in fund returns relative to the mean over the selected period. The fund has volatility of 0.2449% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial has volatility of 0.8248% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Risk-Adjusted Indicators
Evaluating FIRST Mutual Fund requires separating price momentum from underlying business quality relative to competitors. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABNTX | 0.09 | 0.00 | 0.59 | 0.00 | 0.07 | 0.19 | 0.48 | |||
| ABNCX | 0.08 | 0.00 | 0.68 | -0.04 | 0.00 | 0.10 | 0.39 | |||
| MPSAX | 0.14 | 0.01 | 0.51 | 0.15 | 0.09 | 0.32 | 0.76 | |||
| FSPWX | 0.15 | 0.00 | 0.41 | -0.21 | 0.18 | 0.30 | 0.78 | |||
| ABNOX | 0.09 | 0.00 | 0.66 | 0.16 | 0.03 | 0.19 | 0.48 | |||
| LFTAX | 0.59 | 0.19 | 0.27 | -1.04 | 0.74 | 1.16 | 4.38 | |||
| HIPAX | 0.12 | 0.01 | 0.72 | 0.42 | 0.00 | 0.20 | 0.58 | |||
| ASFCX | 0.74 | 0.17 | 0.19 | 0.16 | 0.95 | 1.24 | 4.19 |
Risk Metrics, Assumptions & Methodology
Volatility for FIRST EAGLE reflects NAV dispersion and exposure stability across disclosure periods. Observed drawdowns appear relatively moderate compared with broader market swings.
For First Eagle High, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardFIRST EAGLE Investment Opportunity
Measured over the selected horizon, Dow Jones Industrial carries roughly 3.42 times the return volatility of First Eagle High. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use First Eagle High to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a moderate downward daily trend and can be a good diversifier. Check odds of FIRST EAGLE to be traded at $7.74 in 90 days.Very weak diversification
Across the chosen horizon, FEHCX and DJI show a correlation of 0.48 and fall into the Very weak diversification bucket. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
FIRST EAGLE Additional Risk Indicators
A broader risk-indicator set for First Eagle High can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. A disciplined risk review provides context for deciding whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | -0.05 | |||
| Market Risk Adjusted Performance | -0.27 | |||
| Mean Deviation | 0.1474 | |||
| Coefficient Of Variation | -3,210 | |||
| Standard Deviation | 0.2367 | |||
| Variance | 0.056 | |||
| Information Ratio | 0.342 |
FIRST EAGLE Suggested Diversification Pairs
A pair strategy built around First Eagle High is useful when investors want to reduce directional market exposure while still expressing a relative-value idea. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around FIRST EAGLE, market-wide risk remains. What pair trading can address is FIRST EAGLE's unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.