Heres Why Parnassus Mid Cap Growth Fund Added Autodesk to its Portfolio
| OTCCX Fund | USD 21.76 0.09 0.42% |
Slightly above 54% of Mfs Mid's investor base is interested to short. The analysis of overall sentiment of trading Mfs Mid Cap mutual fund suggests that many investors are impartial at this time. Mfs Mid's investing sentiment can be driven by a variety of factors including economic data, Mfs Mid's earnings reports, geopolitical events, and overall market trends.
Mfs |
Parnassus Investments, an investment management company, released the Parnassus Mid Cap Fund third quarter 2024 investor letter. A copy of the letter can be downloaded here.
Read at insidermonkey.com
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Mfs Mid Fundamental Analysis
We analyze Mfs Mid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Mid based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Equity Positions Weight
Equity Positions Weight Comparative Analysis
Mfs Mid is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Mfs Mid Cap Potential Pair-trading
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 Mfs Mid mutual fund to make a market-neutral strategy. Peer analysis of Mfs Mid could also be used in its relative valuation, which is a method of valuing Mfs Mid by comparing valuation metrics with similar companies.
Peers
Mfs Mid Related Equities
| KSCYX | Kinetics Small | 0.83 | ||||
| HRSCX | Eagle Small | 0.80 | ||||
| FRCSX | Franklin Small | 0.30 | ||||
| ASCGX | Lebenthal Lisanti | 0.23 | ||||
| VYRDX | Vy Columbia | 0.11 | ||||
| RYSVX | Sp Smallcap | 0.55 | ||||
| QUAZX | Ab Small | 0.56 | ||||
| SSMAX | Siit Small | 0.70 |
Other Information on Investing in Mfs Mutual Fund
Mfs Mid financial ratios help investors to determine whether Mfs 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 Mfs with respect to the benefits of owning Mfs Mid security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |