First Eagle Correlations

Mutual Funds USA . 
Fund . First Eagle Fund
FEAIX Fund  USD 29.62  0.09  0.30%   
The current 90-days correlation between First Eagle Fund and Siit High Yield is -0.15 (i.e., Good diversification). 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. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

First Eagle Correlation With Market

Good diversification

The correlation between First Eagle Fund and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Eagle Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with First Mutual Fund

  0.93FEBIX First Eagle GlobalPairCorr
  0.88FEBCX First Eagle GlobalPairCorr
  0.88FEBAX First Eagle GlobalPairCorr
  0.68FEAMX First Eagle FundPairCorr
  0.88FEBRX First Eagle GlobalPairCorr
  0.68FEFRX First Eagle FundPairCorr
  0.92FEFAX First Eagle FundPairCorr
  0.97FEGRX First Eagle GlobalPairCorr
  0.9FEMAX First Eagle SmidPairCorr
  0.96FEREX First Eagle FundsPairCorr
  0.96FERAX First Eagle FundsPairCorr
  0.91FESCX First Eagle SmallPairCorr
  0.91FESAX First Eagle SmallPairCorr
  0.91FERRX First Eagle FundsPairCorr
  0.64FESRX First Eagle SmallPairCorr
  0.88FESOX First Eagle OverseasPairCorr
  0.91FESMX First Eagle SmidPairCorr
  0.91SGOIX First Eagle OverseasPairCorr
  0.99FEVRX First Eagle ValuePairCorr
  0.99FEVIX First Eagle ValuePairCorr
  0.99FEVCX First Eagle ValuePairCorr
  0.61FEXRX First Eagle SmidPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY