Parnassus Endeavor Fund Manager Performance Evaluation
| PFPWX Fund | USD 60.07 0.17 0.28% |
The fund holds a Beta of 0.0753, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parnassus Endeavor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parnassus Endeavor is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Parnassus Endeavor Fund are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Parnassus Endeavor may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.6500 |
Parnassus |
Parnassus Endeavor Relative Risk vs. Return Landscape
If you would invest 5,555 in Parnassus Endeavor Fund on September 3, 2024 and sell it today you would earn a total of 452.00 from holding Parnassus Endeavor Fund or generate 8.14% return on investment over 90 days. Parnassus Endeavor Fund is currently producing 0.1246% returns and takes up 0.678% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Parnassus, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parnassus Endeavor Current Valuation
Fairly Valued
Today
Please note that Parnassus Endeavor's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Parnassus Endeavor holds a recent Real Value of $59.39 per share. The prevailing price of the fund is $60.07. We determine the value of Parnassus Endeavor from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Parnassus Endeavor is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Endeavor's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 60.07 | Real 59.39 | Hype 60.07 | Naive 60.73 |
The intrinsic value of Parnassus Endeavor's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Parnassus Endeavor's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Parnassus Endeavor Fund helps investors to forecast how Parnassus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Parnassus Endeavor more accurately as focusing exclusively on Parnassus Endeavor's fundamentals will not take into account other important factors: Parnassus Endeavor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parnassus Endeavor's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parnassus Endeavor Fund, and traders can use it to determine the average amount a Parnassus Endeavor's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1837
| Best Portfolio | Best Equity | |||
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| Cash | PFPWX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Parnassus Endeavor is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Parnassus Endeavor by adding it to a well-diversified portfolio.
Parnassus Endeavor Fundamentals Growth
Parnassus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parnassus Endeavor, and Parnassus Endeavor fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parnassus Mutual Fund performance.
| Price To Earning | 15.41 X | |||
| Price To Book | 2.40 X | |||
| Price To Sales | 1.25 X | |||
| Total Asset | 1.58 B | |||
About Parnassus Endeavor Performance
Evaluating Parnassus Endeavor's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parnassus Endeavor has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Parnassus Endeavor has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The funds objective is to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities. Parnassus Endeavor is traded on NASDAQ Exchange in the United States.Things to note about Parnassus Endeavor performance evaluation
Checking the ongoing alerts about Parnassus Endeavor for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parnassus Endeavor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Parnassus Endeavor's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Parnassus Endeavor's mutual fund performance include:- Analyzing Parnassus Endeavor's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Parnassus Endeavor's stock is overvalued or undervalued compared to its peers.
- Examining Parnassus Endeavor's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Parnassus Endeavor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parnassus Endeavor's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parnassus Endeavor's mutual fund. These opinions can provide insight into Parnassus Endeavor's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Endeavor 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 Endeavor security.
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