First Eagle Alternative Stock Probability of Future Stock Price Finishing Under 24.24
| FCRX Stock | USD 24.50 0.09 0.37% |
First |
First Eagle Target Price Odds to finish below 24.24
The tendency of First Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 24.24 or more in 90 days |
| 24.50 | 90 days | 24.24 | about 65.83 |
Based on a normal probability distribution, the odds of First Eagle to drop to $ 24.24 or more in 90 days from now is about 65.83 (This First Eagle Alternative probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Eagle Alternative price to stay between $ 24.24 and its current price of $24.5 at the end of the 90-day period is about 27.31 .
Given the investment horizon of 90 days First Eagle Alternative has a beta of -0.0099. This usually indicates as returns on the benchmark increase, returns on holding First Eagle are expected to decrease at a much lower rate. During a bear market, however, First Eagle Alternative is likely to outperform the market. Additionally First Eagle Alternative has an alpha of 0.0363, implying that it can generate a 0.0363 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). First Eagle Price Density |
| Price |
Predictive Modules for First Eagle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Eagle Alternative. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Eagle Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Eagle is not an exception. The market had few large corrections towards the First Eagle's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Eagle Alternative, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Eagle within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.0099 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.2 |
First Eagle Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First Eagle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Eagle Alternative can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Eagle has a poor financial position based on the latest SEC disclosures | |
| On 30th of September 2024 First Eagle paid $ 0.3125 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Acquisition by Terrence Olson of 11300 shares of First Eagle at 7.8266 subject to Rule 16b-3 |
First Eagle Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of First Stock often depends not only on the future outlook of the current and potential First Eagle's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Eagle's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.9 M | |
| Cash And Short Term Investments | 7.8 M |
First Eagle Technical Analysis
First Eagle's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Eagle Alternative. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.
First Eagle Predictive Forecast Models
First Eagle's time-series forecasting models is one of many First Eagle's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary First Eagle's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about First Eagle Alternative
Checking the ongoing alerts about First Eagle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Eagle Alternative help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First Eagle has a poor financial position based on the latest SEC disclosures | |
| On 30th of September 2024 First Eagle paid $ 0.3125 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Acquisition by Terrence Olson of 11300 shares of First Eagle at 7.8266 subject to Rule 16b-3 |
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.