First Eagle Correlations

Mutual Funds . USA . 
Fund . First Eagle Overseas
SGOIX Fund  USD 29.41  0.04  0.14%   
The current 90-days correlation between First Eagle Overseas and Delaware Value Fund is 0.35 (i.e., Weak 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

Modest diversification

The correlation between First Eagle Overseas and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Eagle Overseas and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Eagle Overseas. 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

  0.99FEBIX First Eagle GlobalPairCorr
  0.97FEBCX First Eagle GlobalPairCorr
  0.97FEBAX First Eagle GlobalPairCorr
  0.91FEAMX First Eagle FundPairCorr
  0.91FEAIX First Eagle FundPairCorr
  0.99FEBRX First Eagle GlobalPairCorr
  0.92FEFRX First Eagle FundPairCorr
  0.9FEFAX First Eagle FundPairCorr
  0.98FEGRX First Eagle GlobalPairCorr
  0.97SGENX First Eagle GlobalPairCorr
  0.93FEMAX First Eagle SmidPairCorr
  1.0FEORX First Eagle OverseasPairCorr
  0.97FEREX First Eagle FundsPairCorr
  0.98SGIIX First Eagle GlobalPairCorr
  0.98FERAX First Eagle FundsPairCorr
  0.97FESGX First Eagle GlobalPairCorr
  0.93FESCX First Eagle SmallPairCorr
  0.93FESAX First Eagle SmallPairCorr
  0.98FERRX First Eagle FundsPairCorr
  0.93FESRX First Eagle SmallPairCorr
  0.98FESOX First Eagle OverseasPairCorr
  0.93FESMX First Eagle SmidPairCorr
  0.95FEVRX First Eagle ValuePairCorr
  0.95FEVIX First Eagle ValuePairCorr
  0.95FEVCX First Eagle ValuePairCorr
  0.95FEVAX First Eagle ValuePairCorr
  0.93FEXRX First Eagle SmidPairCorr
  0.98SGOVX First Eagle OverseasPairCorr
  0.98VGTSX Vanguard Total InterPairCorr
  0.98VTIAX Vanguard Total InterPairCorr
  0.98VTSNX Vanguard Total InterPairCorr

Related Correlations Analysis

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

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