Parnassus Endeavor Fund Price on October 23, 2024
If you're considering investing in Parnassus Mutual Fund, it is important to understand the factors that can impact its price. Parnassus Endeavor maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16% return per unit of risk over the last 3 months. We have found zero technical indicators for Parnassus Endeavor, which you can use to evaluate the volatility of the fund.
Parnassus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Parnassus Endeavor is not performing at its full potential. However, 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 Parnassus Endeavor to a well-diversified portfolio.
Parnassus Endeavor Valuation on October 23, 2024
It is possible to determine the worth of Parnassus Endeavor on a given historical date. On October 23, 2024 Parnassus was worth 57.36 at the beginning of the trading date compared to the closed value of 57.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parnassus Endeavor mutual fund. Still, in general, we apply an absolute valuation method to find Parnassus Endeavor's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Parnassus Endeavor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parnassus Endeavor's related companies.
Open | High | Low | Close | Volume | |
57.57 | 57.57 | 57.57 | 57.57 | 1.00 | |
10/23/2024 | 57.36 | 57.36 | 57.36 | 57.36 | 1.00 |
57.39 | 57.39 | 57.39 | 57.39 | 1.00 |
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Parnassus Endeavor Trading Date Momentum on October 23, 2024
On October 24 2024 Parnassus Endeavor Fund was traded for 57.39 at the closing time. The highest daily price throughout the period was 57.39 and the lowest price was 57.39 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.05% . The trading delta at closing time to current closing price is 1.08% . |
Parnassus Endeavor Fundamentals Correlations and Trends
By evaluating Parnassus Endeavor's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parnassus Endeavor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parnassus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parnassus Endeavor Mutual Fund history
Parnassus Endeavor investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Parnassus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parnassus Endeavor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Parnassus Endeavor stock prices may prove useful in developing a viable investing in Parnassus Endeavor
Parnassus Endeavor Mutual Fund Technical Analysis
Parnassus Endeavor technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Parnassus Endeavor Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Parnassus Endeavor Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Parnassus Endeavor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Parnassus Endeavor mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parnassus Endeavor shares will generate the highest return on investment. By undertsting and applying Parnassus Endeavor mutual fund market strength indicators, traders can identify Parnassus Endeavor Fund entry and exit signals to maximize returns
Parnassus Endeavor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parnassus Endeavor's price direction in advance. Along with the technical and fundamental analysis of Parnassus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parnassus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1241 | |||
Jensen Alpha | 0.0965 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 1.41 |
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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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