First Investors Select Fund Market Value

FICGX Fund  USD 11.45  0.27  2.42%   
First Investors' market value is the price at which a share of First Investors trades on a public exchange. It measures the collective expectations of First Investors Select investors about its performance. First Investors is trading at 11.45 as of the 15th of March 2025; that is 2.42% up since the beginning of the trading day. The fund's open price was 11.18.
With this module, you can estimate the performance of a buy and hold strategy of First Investors Select and determine expected loss or profit from investing in First Investors over a given investment horizon. Check out First Investors Correlation, First Investors Volatility and First Investors Alpha and Beta module to complement your research on First Investors.
Symbol

Please note, there is a significant difference between First Investors' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Investors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Investors' 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 Investors '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 Investors' mutual fund 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 Investors.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in First Investors on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding First Investors Select or generate 0.0% return on investment in First Investors over 90 days. First Investors is related to or competes with Fidelity Small, T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. Under normal circumstances, the fund will invest at least 80 percent of its net assets in large cap equity securities More

First Investors 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 Investors' mutual fund 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 Investors Select upside and downside potential and time the market with a certain degree of confidence.

First Investors Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Investors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Investors' standard deviation. In reality, there are many statistical measures that can use First Investors historical prices to predict the future First Investors' volatility.
Hype
Prediction
LowEstimatedHigh
10.2911.4512.61
Details
Intrinsic
Valuation
LowRealHigh
10.1311.2912.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Investors. Your research has to be compared to or analyzed against First Investors' peers to derive any actionable benefits. When done correctly, First Investors' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Investors Select.

First Investors Select Backtested Returns

First Investors Select secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12 % return per unit of risk over the last 3 months. First Investors Select exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Investors' Standard Deviation of 1.32, mean deviation of 0.9915, and Variance of 1.75 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. First Investors returns are very sensitive to returns on the market. As the market goes up or down, First Investors is expected to follow.

Auto-correlation

    
  -0.63  

Very good reverse predictability

First Investors Select has very good reverse predictability. Overlapping area represents the amount of predictability between First Investors time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Investors Select price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current First Investors price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.29
Residual Average0.0
Price Variance0.17

First Investors Select lagged returns against current returns

Autocorrelation, which is First Investors mutual fund'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 Investors' mutual fund expected returns. We can calculate the autocorrelation of First Investors returns to help us make a trade decision. For example, suppose you find that First Investors has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Investors 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 Investors mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Investors mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Investors mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

First Investors Lagged Returns

When evaluating First Investors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Investors mutual fund have on its future price. First Investors 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 Investors autocorrelation shows the relationship between First Investors mutual fund current value and its past values and can show if there is a momentum factor associated with investing in First Investors Select.
   Regressed Prices   
       Timeline  

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Other Information on Investing in First Mutual Fund

First Investors financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Investors security.
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