First Stock Volatility

FCRD
 Stock
  

USD 4.42  0.02  0.45%   

First Eagle appears to be unstable, given 3 months investment horizon. First Eagle Alternative secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By reviewing First Eagle Alternative technical indicators you can presently evaluate if the expected return of 0.63% is justified by implied risk. Please utilize First Eagle's Downside Deviation of 1.85, coefficient of variation of 844.55, and Mean Deviation of 1.67 to check if our risk estimates are consistent with your expectations.
  
First Eagle Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of First daily returns, and it is calculated using variance and standard deviation. We also use First's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of First Eagle volatility.

30 Days Market Risk

Unstable

Chance of Distress

30 Days Economic Sensitivity

Almost neglects market trends
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as First Eagle can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of First Eagle at lower prices. For example, an investor can purchase First stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of First Eagle's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with First Eagle

+0.82PFGPrincipal FinancialPairCorr
+0.86AACAAC HoldingsPairCorr
+0.89ABCBAmeris BancorpPairCorr

Moving against First Eagle

-0.73AIZAssurantPairCorr

First Eagle Market Sensitivity And Downside Risk

First Eagle's beta coefficient measures the volatility of First stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents First stock's returns against your selected market. In other words, First Eagle's beta of -0.23 provides an investor with an approximation of how much risk First Eagle stock can potentially add to one of your existing portfolios.
First Eagle Alternative has relatively low volatility with skewness of 7.29 and kurtosis of 57.15. However, we advise all investors to independently investigate First Eagle Alternative to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Eagle's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Eagle's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze First Eagle Alternative Demand Trend
Check current 90 days First Eagle correlation with market (NYSE Composite)

First Beta

    
  -0.23  
First standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  5.34  
It is essential to understand the difference between upside risk (as represented by First Eagle's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of First Eagle's daily returns or price. Since the actual investment returns on holding a position in first stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in First Eagle.

Using First Put Option to Manage Risk

Put options written on First Eagle grant holders of the option the right to sell a specified amount of First Eagle at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of First Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge First Eagle's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding First Eagle will be realized, the loss incurred will be offset by the profits made with the option trade.

First Eagle's PUT expiring on 2022-12-16

   Profit   
Share
       First Eagle Price At Expiration  

Current First Eagle Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Put
2022-12-16 PUT at $5.0-0.28310.057522022-12-160.25 - 5.00.0View
View All First Eagle Options

First Eagle Alternative Stock Volatility Analysis

Volatility refers to the frequency at which First Eagle stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with First Eagle's price changes. Investors will then calculate the volatility of First Eagle's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of First Eagle's volatility:

Historical Volatility

This type of stock volatility measures First Eagle's fluctuations based on previous trends. It's commonly used to predict First Eagle's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for First Eagle's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on First Eagle's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. First Eagle Alternative Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
.

First Eagle Projected Return Density Against Market

Given the investment horizon of 90 days First Eagle Alternative has a beta of -0.227 . This usually indicates as returns on benchmark increase, returns on holding First Eagle are expected to decrease at a much lower rate. During the bear market, however, First Eagle Alternative is likely to outperform the market.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Eagle or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Eagle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.6229, implying that it can generate a 0.62 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
First Eagle's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how first stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a First Eagle Price Volatility?

Several factors can influence a Stock's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

First Eagle Stock Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Eagle or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Eagle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Given the investment horizon of 90 days the coefficient of variation of First Eagle is 844.55. The daily returns are distributed with a variance of 28.49 and standard deviation of 5.34. The mean deviation of First Eagle Alternative is currently at 1.71. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 1.51
α
Alpha over NYSE Composite
0.62
β
Beta against NYSE Composite-0.23
σ
Overall volatility
5.34
Ir
Information ratio 0.10

First Eagle Stock Return Volatility

First Eagle historical daily return volatility represents how much of First Eagle stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 5.3375% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 1.5086% volatility on return distribution over the 90 days horizon.
 Performance (%) 
       Timeline  

About First Eagle Volatility

Volatility is a rate at which the price of First Eagle or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of First Eagle may increase or decrease. In other words, similar to First's beta indicator, it measures the risk of First Eagle and helps estimate the fluctuations that may happen in a short period of time. So if prices of First Eagle fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund prefers to be a lead or sole investor in a transaction. First Eagle operates under Asset Management classification in the United States and is traded on NASDAQ Exchange.

First Eagle Investment Opportunity

First Eagle Alternative has a volatility of 5.34 and is 3.54 times more volatile than NYSE Composite. 46  of all equities and portfolios are less risky than First Eagle. Compared to the overall equity markets, volatility of historical daily returns of First Eagle Alternative is lower than 46 () of all global equities and portfolios over the last 90 days. Use First Eagle Alternative to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a normal upward fluctuation. Check odds of First Eagle to be traded at $4.64 in 90 days.

Good diversification

The correlation between First Eagle Alternative and NYA is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Eagle Alternative and NYA in the same portfolio, assuming nothing else is changed.

First Eagle Additional Risk Indicators

The analysis of First Eagle's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in First Eagle's investment and either accepting that risk or mitigating it. Along with some common measures of First Eagle stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

First Eagle Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against First Eagle as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. First Eagle's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, First Eagle's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to First Eagle Alternative.
Please check Investing Opportunities. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running First Eagle Alternative 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 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.
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Is First Eagle's industry 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 YOY
(0.82) 
Market Capitalization
131.7 M
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0377
Return On Equity
(0.16) 
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 First Eagle value 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.