Parnassus Funds Financial Statements From 2010 to 2024
| PFGEX Fund | 27.11 0.14 0.52% |
Check Parnassus Funds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parnassus Funds' main balance sheet or income statement drivers, such as , as well as many indicators such as . Parnassus financial statements analysis is a perfect complement when working with Parnassus Funds Valuation or Volatility modules.
Parnassus |
Parnassus Funds Mutual Fund Annual Yield Analysis
Parnassus Funds' Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Parnassus Funds Annual Yield | 0.01 % |
Most of Parnassus Funds' fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parnassus Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Parnassus Funds has an Annual Yield of 0.0135%. This is much higher than that of the Parnassus family and significantly higher than that of the Large Growth category. The annual yield for all United States funds is notably lower than that of the firm.
Parnassus Funds Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parnassus Funds's current stock value. Our valuation model uses many indicators to compare Parnassus Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parnassus Funds competition to find correlations between indicators driving Parnassus Funds's intrinsic value. More Info.Parnassus Funds is rated top fund in annual yield among similar funds. It also is rated top fund in net asset among similar funds making up about 2,249,765,333 of Net Asset per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parnassus Funds' earnings, one of the primary drivers of an investment's value.About Parnassus Funds Financial Statements
Parnassus Funds investors use historical fundamental indicators, such as Parnassus Funds' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Parnassus Funds. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in equity securities of large-sized growth companies. Equity securities include common stocks, depositary receipts, and interests in real estate investment trusts. The fund may normally invest up to 20 percent of its net assets in small- and mid- capitalization companies.
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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.Other Information on Investing in Parnassus Mutual Fund
Parnassus Funds financial ratios help investors to determine whether Parnassus 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 Parnassus with respect to the benefits of owning Parnassus Funds security.
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