Parnassus Equity Incme Fund Manager Performance Evaluation
| PRILX Fund | USD 55.33 0.17 0.31% |
The fund holds a Beta of 0.78, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Parnassus Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parnassus Equity is expected to be smaller as well.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Parnassus Equity Incme are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Parnassus Equity showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of January 2026 | |
| Expense Ratio | 0.6100 |
Parnassus |
Parnassus Equity Relative Risk vs. Return Landscape
If you would invest 4,527 in Parnassus Equity Incme on November 19, 2025 and sell it today you would earn a total of 1,006 from holding Parnassus Equity Incme or generate 22.22% return on investment over 90 days. Parnassus Equity Incme is currently producing 0.3722% returns and takes up 2.9264% volatility of returns over 90 trading days. Put another way, 26% of traded mutual funds are less volatile than Parnassus, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parnassus Equity Current Valuation
Undervalued
Today
Please note that Parnassus Equity's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Parnassus Equity Incme holds a recent Real Value of $59.14 per share. The prevailing price of the fund is $55.33. We determine the value of Parnassus Equity Incme 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Equity'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 55.33 | Real 59.14 | Hype 55.33 |
The intrinsic value of Parnassus Equity'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 Equity'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 Equity Incme 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 Equity more accurately as focusing exclusively on Parnassus Equity's fundamentals will not take into account other important factors: Parnassus Equity Target Price Odds to finish over Current Price
The tendency of Parnassus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 55.33 | 90 days | 55.33 | about 36.69 |
Based on a normal probability distribution, the odds of Parnassus Equity to move above the current price in 90 days from now is about 36.69 (This Parnassus Equity Incme probability density function shows the probability of Parnassus Mutual Fund to fall within a particular range of prices over 90 days) .
Parnassus Equity Price Density |
| Price |
Predictive Modules for Parnassus Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Parnassus Equity Incme. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Parnassus Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Parnassus Equity is not an exception. The market had few large corrections towards the Parnassus Equity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Parnassus Equity Incme, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Parnassus Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 4.88 | |
Ir | Information ratio | 0.09 |
Parnassus Equity Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Parnassus Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Parnassus Equity Incme can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Parnassus Equity Fundamentals Growth
Parnassus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parnassus Equity, and Parnassus Equity 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 | 18.70 X | ||||
| Price To Book | 2.60 X | ||||
| Price To Sales | 1.91 X | ||||
| Total Asset | 14.05 B | ||||
About Parnassus Equity Performance
Evaluating Parnassus Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parnassus Equity 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 Equity 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 both capital appreciation and current income by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. Under normal circumstances, the fund will invest a minimum of 80 percent of its net assets in equity securities. At least 65 percent of the funds total assets will normally be invested in equity securities that pay interest or dividends.Things to note about Parnassus Equity Incme performance evaluation
Checking the ongoing alerts about Parnassus Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parnassus Equity Incme help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Parnassus Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Parnassus Equity's mutual fund performance include:- Analyzing Parnassus Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
- Examining Parnassus Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parnassus Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parnassus Equity's mutual fund. These opinions can provide insight into Parnassus Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Equity 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 Equity security.
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