First Eagle Mutual Fund Forecast - Simple Exponential Smoothing

FEVIX Fund  USD 25.13  0.25  1.00%   
The Simple Exponential Smoothing forecasted value of First Eagle Value on the next trading day is expected to be 24.92 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.08. First Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of First Eagle's mutual fund price is slightly above 63. This usually indicates that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling First, making its price go up or down.

Momentum 63

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of First Eagle's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with First Eagle Value, which may create opportunities for some arbitrage if properly timed.
Using First Eagle hype-based prediction, you can estimate the value of First Eagle Value from the perspective of First Eagle response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of First Eagle Value on the next trading day is expected to be 24.92 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.08.

First Eagle after-hype prediction price

    
  USD 25.13  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of First Eagle to cross-verify your projections.

First Eagle Additional Predictive Modules

Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
First Eagle simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for First Eagle Value are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as First Eagle Value prices get older.

First Eagle Simple Exponential Smoothing Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of First Eagle Value on the next trading day is expected to be 24.92 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.14, and the sum of the absolute errors of 13.08.
Please note that although there have been many attempts to predict First Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that First Eagle's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Eagle Mutual Fund Forecast Pattern

Backtest First EagleFirst Eagle Price PredictionBuy or Sell Advice 

First Eagle Forecasted Value

In the context of forecasting First Eagle's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. First Eagle's downside and upside margins for the forecasting period are 23.14 and 26.71, respectively. We have considered First Eagle's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
25.13
24.92
Expected Value
26.71
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of First Eagle mutual fund data series using in forecasting. Note that when a statistical model is used to represent First Eagle mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria114.3262
BiasArithmetic mean of the errors -0.0719
MADMean absolute deviation0.218
MAPEMean absolute percentage error0.0091
SAESum of the absolute errors13.078
This simple exponential smoothing model begins by setting First Eagle Value forecast for the second period equal to the observation of the first period. In other words, recent First Eagle observations are given relatively more weight in forecasting than the older observations.

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 Value. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.
Hype
Prediction
LowEstimatedHigh
23.3425.1326.92
Details
Intrinsic
Valuation
LowRealHigh
23.1024.8926.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23.5224.3225.11
Details

First Eagle After-Hype Price Prediction Density Analysis

As far as predicting the price of First Eagle at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in First Eagle or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of First Eagle, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

First Eagle Estimiated After-Hype Price Volatility

In the context of predicting First Eagle's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Eagle's historical news coverage. First Eagle's after-hype downside and upside margins for the prediction period are 23.34 and 26.92, respectively. We have considered First Eagle's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
25.13
25.13
After-hype Price
26.92
Upside
First Eagle is very steady at this time. Analysis and calculation of next after-hype price of First Eagle Value is based on 3 months time horizon.

First Eagle Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as First Eagle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Eagle backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with First Eagle, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
1.79
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
25.13
25.13
0.00 
0.00  
Notes

First Eagle Hype Timeline

First Eagle Value is currently traded for 25.13. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. First is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.16%. %. The volatility of related hype on First Eagle is about 0.0%, with the expected price after the next announcement by competition of 25.13. The company last dividend was issued on the 18th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of First Eagle to cross-verify your projections.

First Eagle Related Hype Analysis

Having access to credible news sources related to First Eagle's direct competition is more important than ever and may enhance your ability to predict First Eagle's future price movements. Getting to know how First Eagle's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how First Eagle may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GLPIXGoldman Sachs Mlp 0.00 0 per month 0.40  0.04  1.18 (0.87) 3.01 
RYPNXRoyce Opportunity Fund 0.00 0 per month 1.18  0.04  2.43 (2.58) 5.40 
ILLLXTransamerica Capital Growth 0.00 0 per month 0.00 (0.17) 2.64 (3.40) 7.94 
TCMSXTcm Small Cap 0.00 0 per month 1.04  0.14  2.20 (1.76) 5.96 
USWGXWorld Growth Fund 0.00 0 per month 0.36  0.10  1.13 (1.15) 12.37 
CSMVXCentury Small Cap 0.00 0 per month 1.21 (0.03) 2.27 (2.04) 5.21 
RYPRXRoyce Premier Fund 0.00 0 per month 0.41  0.14  2.54 (1.41) 15.85 
NWKCXNationwide Geneva Small 0.00 0 per month 0.73  0.02  2.19 (1.49) 5.02 
HYTBlackrock Corporate High 0.00 0 per month 0.00 (0.25) 0.76 (1.01) 4.99 
CIPSXChamplain Small Pany 0.00 0 per month 0.96 (0.04) 2.14 (1.74) 4.30 

Other Forecasting Options for First Eagle

For every potential investor in First, whether a beginner or expert, First Eagle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Eagle's price trends.

First Eagle Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Eagle mutual fund to make a market-neutral strategy. Peer analysis of First Eagle could also be used in its relative valuation, which is a method of valuing First Eagle by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

First Eagle Market Strength Events

Market strength indicators help investors to evaluate how First Eagle mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Eagle shares will generate the highest return on investment. By undertsting and applying First Eagle mutual fund market strength indicators, traders can identify First Eagle Value entry and exit signals to maximize returns.

First Eagle Risk Indicators

The analysis of First Eagle's basic risk indicators is one of the essential steps in accurately forecasting its future price. 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 essential techniques for forecasting first mutual fund prices, we also provide a set of basic risk 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 investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for First Eagle

The number of cover stories for First Eagle depends on current market conditions and First Eagle's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First Eagle is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about First Eagle's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in First Mutual Fund

First Eagle 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 Eagle security.
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