First Eagle Correlations

FESAX Fund

USD 11.39 0.39 0.09%

The current 90-days correlation between First Eagle Small and Jpmorgan Diversified Fund is -0.2 (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 Small and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Eagle Small and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. 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 nation.

Moving together with First Mutual Fund

0.61	FEBIX	First Eagle Global	Pair Corr
0.84	FEAMX	First Eagle Fund	Pair Corr
0.83	FEAIX	First Eagle Fund	Pair Corr
0.83	FEFRX	First Eagle Fund	Pair Corr
0.83	FEFAX	First Eagle Fund	Pair Corr
0.7	FEHRX	First Eagle High	Pair Corr
0.7	FEHIX	First Eagle High	Pair Corr
0.64	FEMAX	First Eagle Smid	Pair Corr
0.62	FEORX	First Eagle Overseas	Pair Corr
0.74	FEREX	First Eagle Funds	Pair Corr
0.73	SGIIX	First Eagle Global	Pair Corr
0.69	FERAX	First Eagle Funds	Pair Corr
1.0	FESCX	First Eagle Small	Pair Corr
0.67	FERRX	First Eagle Funds	Pair Corr
1.0	FESRX	First Eagle Small	Pair Corr
0.63	FESOX	First Eagle Overseas	Pair Corr
0.65	FESMX	First Eagle Smid	Pair Corr
0.62	SGOIX	First Eagle Overseas	Pair Corr
0.72	FEVRX	First Eagle Value	Pair Corr
0.63	FEVIX	First Eagle Value	Pair Corr
0.72	FEVCX	First Eagle Value	Pair Corr
0.72	FEVAX	First Eagle Value	Pair Corr
0.65	FEXRX	First Eagle Smid	Pair Corr
0.66	SGOVX	First Eagle Overseas	Pair Corr

Related Correlations Analysis

	JPDVX	DLTZX	PGBAX	FARIX	ACDOX	CDBCX	PRSVX
JPDVX		0.82	0.85	0.91	0.87	0.85	0.76	JPDVX
DLTZX	0.82		0.84	0.89	0.95	0.93	0.69	DLTZX
PGBAX	0.85	0.84		0.86	0.92	0.94	0.81	PGBAX
FARIX	0.91	0.89	0.86		0.89	0.86	0.68	FARIX
ACDOX	0.87	0.95	0.92	0.89		0.99	0.71	ACDOX
CDBCX	0.85	0.93	0.94	0.86	0.99		0.73	CDBCX
PRSVX	0.76	0.69	0.81	0.68	0.71	0.73		PRSVX
	JPDVX	DLTZX	PGBAX	FARIX	ACDOX	CDBCX	PRSVX

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
JPDVX	0.33	(0.02)	(0.08)	0.04	0.46	(0.32)	0.76	(0.64)	2.68
DLTZX	0.08	0.01	(0.39)	0.32	0.00	(0.17)	0.13	(0.13)	0.63
PGBAX	0.12	0.01	(0.33)	0.14	0.00	(0.17)	0.25	(0.17)	0.84
FARIX	0.32	0.05	0.01	0.24	0.26	(0.40)	0.69	(0.71)	2.09
ACDOX	0.19	0.02	(0.20)	0.55	0.09	(0.22)	0.43	(0.32)	0.97
CDBCX	0.17	0.02	(0.24)	0.84	0.05	(0.21)	0.33	(0.22)	0.98
PRSVX	0.68	(0.04)	(0.02)	0.04	0.86	(0.76)	1.66	(1.20)	6.39

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

First Eagle Correlations

First Eagle Correlation With Market

Good diversification

Moving together with First Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY