T. Rowe Price Investment Management, Inc. Reduces Stake in Avantor Inc
| PFPMX Fund | USD 44.94 0.06 0.13% |
Slightly above 55% of Parnassus Mid's investor base is interested to short. The analysis of overall sentiment of trading Parnassus Mid Cap mutual fund suggests that many investors are impartial 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 |
On September 30, 2024, T. Rowe Price Investment Management, Inc. , a prominent investment management firm, executed a significant transaction
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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
| MSTSX | Morningstar Unconstrained | 1.28 | ||||
| RRTLX | T Rowe | 0.24 | ||||
| PCLPX | Pimco Commoditiesplus | 0.15 | ||||
| LBHIX | Thrivent High | 0.23 | ||||
| VIASP | Via Renewables | 0.32 | ||||
| FMIYX | International Fund | 0.62 | ||||
| 70082LAB3 | 70082LAB3 | 5.05 | ||||
| SITKF | Sitka Gold | 7.14 |
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.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
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| Transaction History View history of all your transactions and understand their impact on performance |