First Eagle Alternative Stock Market Value
| FCRX Stock | USD 24.59 0.21 0.86% |
| Symbol | First |
First Eagle Alternative Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Eagle. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 1.64 | Earnings Share 0.142 | Revenue Per Share 5.42 | Quarterly Revenue Growth 0.072 |
The market value of First Eagle Alternative is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Eagle's value that differs from its market value or its book value, called intrinsic value, which is First Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Eagle's market value can be influenced by many factors that don't directly affect First Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
First Eagle 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Eagle's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Eagle.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in First Eagle on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding First Eagle Alternative or generate 0.0% return on investment in First Eagle over 720 days. First Eagle is related to or competes with Gladstone Investment, Customers Bancorp, Ready Capital, and Great Elm. THL Credit, Inc. is a business development company specializing in direct and fund of fund investments More
First Eagle Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Eagle's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Eagle Alternative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3954 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.14 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.6224 |
First Eagle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Eagle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Eagle's standard deviation. In reality, there are many statistical measures that can use First Eagle historical prices to predict the future First Eagle's volatility.| Risk Adjusted Performance | 0.0442 | |||
| Jensen Alpha | 0.0177 | |||
| Total Risk Alpha | 0.0072 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.24) |
First Eagle Alternative Backtested Returns
At this stage we consider First Stock to be very steady. First Eagle Alternative secures Sharpe Ratio (or Efficiency) of 0.042, which denotes the company had a 0.042% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Eagle Alternative, which you can use to evaluate the volatility of the firm. Please confirm First Eagle's Coefficient Of Variation of 1446.14, downside deviation of 0.3954, and Mean Deviation of 0.2542 to check if the risk estimate we provide is consistent with the expected return of 0.0162%. First Eagle has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0675, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First Eagle are expected to decrease at a much lower rate. During the bear market, First Eagle is likely to outperform the market. First Eagle Alternative right now shows a risk of 0.39%. Please confirm First Eagle Alternative potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if First Eagle Alternative will be following its price patterns.
Auto-correlation | 0.84 |
Very good predictability
First Eagle Alternative has very good predictability. Overlapping area represents the amount of predictability between First Eagle time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Eagle Alternative price movement. The serial correlation of 0.84 indicates that around 84.0% of current First Eagle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
First Eagle Alternative lagged returns against current returns
Autocorrelation, which is First Eagle stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First Eagle's stock expected returns. We can calculate the autocorrelation of First Eagle returns to help us make a trade decision. For example, suppose you find that First Eagle has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Eagle regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Eagle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Eagle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Eagle stock over time.
Current vs Lagged Prices |
| Timeline |
First Eagle Lagged Returns
When evaluating First Eagle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Eagle stock have on its future price. First Eagle autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First Eagle autocorrelation shows the relationship between First Eagle stock current value and its past values and can show if there is a momentum factor associated with investing in First Eagle Alternative.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for First Stock Analysis
When running First Eagle's price analysis, check to measure First Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.