Parnassus Fund Investor Fund Analysis
PARNX Fund | USD 54.82 1.37 2.56% |
Parnassus Fund Investor is overvalued with Real Value of 50.77 and Hype Value of 54.82. The main objective of Parnassus Fund fund analysis is to determine its intrinsic value, which is an estimate of what Parnassus Fund Investor is worth, separate from its market price. There are two main types of Parnassus Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Parnassus Fund Investor. On the other hand, technical analysis, focuses on the price and volume data of Parnassus Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Parnassus Fund mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Parnassus |
Parnassus Mutual Fund Analysis Notes
The fund generated five year return of 13.0%. Parnassus Fund Investor maintains 98.77% of assets in stocks. Large To find out more about Parnassus Fund Investor contact the company at 800-999-3505.Parnassus Fund Investor Investment Alerts
Parnassus Fund generated a negative expected return over the last 90 days | |
The fund maintains 98.77% of its assets in stocks |
Parnassus Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parnassus Fund's market, we take the total number of its shares issued and multiply it by Parnassus Fund's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Parnassus Fund Investor Mutual Fund Constituents
SBUX | Starbucks | Stock | |
CTSH | Cognizant Technology Solutions | Stock | |
ORLY | OReilly Automotive | Stock | |
ODFL | Old Dominion Freight | Stock | |
PX | P10 Inc | Stock | |
CHRW | CH Robinson Worldwide | Stock | |
IDXX | IDEXX Laboratories | Stock | |
SCHW | Charles Schwab Corp | Stock | |
CDNS | Cadence Design Systems | Stock | |
ILMN | Illumina | Stock | |
TTD | Trade Desk | Stock | |
CME | CME Group | Stock | |
INTC | Intel | Stock | |
NVS | Novartis AG ADR | Stock | |
BURL | Burlington Stores | Stock | |
PDCO | Patterson Companies | Stock | |
XRAY | Dentsply Sirona | Stock | |
HOLX | Hologic | Stock | |
A | Agilent Technologies | Stock | |
MSFT | Microsoft | Stock | |
IBM | International Business Machines | Stock | |
MAT | Mattel Inc | Stock | |
MDLZ | Mondelez International | Stock | |
ADSK | Autodesk | Stock | |
XYL | Xylem Inc | Stock | |
KLAC | KLA Tencor | Stock |
Technical Drivers
As of the 26th of March, Parnassus Fund holds the Variance of 1.62, coefficient of variation of (825.32), and Risk Adjusted Performance of (0.1). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parnassus Fund, as well as the relationship between them.Parnassus Fund Investor Price Movement Analysis
The output start index for this execution was fifty-nine with a total number of output elements of two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Parnassus Fund middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Parnassus Fund Investor. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Parnassus Fund Outstanding Bonds
Parnassus Fund issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parnassus Fund Investor uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parnassus bonds can be classified according to their maturity, which is the date when Parnassus Fund Investor has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Parnassus Fund Predictive Daily Indicators
Parnassus Fund intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parnassus Fund mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.03 | |||
Day Median Price | 54.82 | |||
Day Typical Price | 54.82 | |||
Price Action Indicator | 0.68 | |||
Period Momentum Indicator | 1.37 |
Parnassus Fund Forecast Models
Parnassus Fund's time-series forecasting models are one of many Parnassus Fund's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parnassus Fund's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Parnassus Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Parnassus Fund prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parnassus shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Parnassus Fund. By using and applying Parnassus Mutual Fund analysis, traders can create a robust methodology for identifying Parnassus entry and exit points for their positions.
The fund normally invests at least 80 percent of its net assets in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the companys market capitalization grows or falls outside the ranges of the Russell Midcap Growth Index, which are subject to change. The fund may normally invest up to 20 percent of its net assets in smaller- and larger-capitalization companies.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Parnassus Fund to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Parnassus Mutual Fund
Parnassus Fund 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 Fund security.
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