Cardinal Health, Inc. Shares Sold by Advisors Asset Management Inc.
| PFPMX Fund | USD 38.54 0.49 1.29% |
Slightly above 50% of Parnassus Mid's investors are presently thinking to get in. The analysis of overall sentiment of trading Parnassus Mid Cap mutual fund suggests that some investors are interested at this time. Parnassus Mid's investing sentiment can be driven by a variety of factors including economic data, Parnassus Mid's earnings reports, geopolitical events, and overall market trends.
Parnassus |
Advisors Asset Management Inc. lowered its position in Cardinal Health, Inc. by 23.1 percent in the third quarter, Holdings Channel.com reports. The institutional investor owned 53,867 shares of the companys stock after selling 16,170 shares during the period. Advisors Asset Management Inc.s holdings in Cardinal Health were worth 5,953,000 as of its
Read at thelincolnianonline.com
 |
Parnassus Mid Fundamental Analysis
We analyze Parnassus Mid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parnassus Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parnassus 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.
Five Year Return
Five Year Return Comparative Analysis
Parnassus Mid is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Parnassus 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 Parnassus Mid mutual fund to make a market-neutral strategy. Peer analysis of Parnassus Mid could also be used in its relative valuation, which is a method of valuing Parnassus Mid by comparing valuation metrics with similar companies.
Peers
Parnassus Mid Related Equities
| MIGYX | Oppenheimer Main | 1.66 | ||||
| APHSX | Artisan Small | 1.32 | ||||
| FMIYX | International Fund | 0.96 | ||||
| AVUAX | Mid Cap | 0.88 | ||||
| PCLPX | Pimco Commoditiesplus | 0.45 |
Other Information on Investing in Parnassus Mutual Fund
Parnassus Mid 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 Mid security.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |