Parnassus Equity Incme Fund Market Value
| PRILX Fund | USD 55.62 0.31 0.56% |
| Symbol | Parnassus |
Parnassus Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Parnassus Equity's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Parnassus Equity.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in Parnassus Equity on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding Parnassus Equity Incme or generate 0.0% return on investment in Parnassus Equity over 90 days. Parnassus Equity is related to or competes with American Funds, Harbor Capital, Harbor Capital, Harbor Capital, Ultra Fund, Ultra Fund, and Ultra Fund. The funds objective is to achieve both capital appreciation and current income by investing primarily in a diversified p... More
Parnassus Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Parnassus Equity's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Parnassus Equity Incme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8023 | |||
| Information Ratio | 0.0945 | |||
| Maximum Drawdown | 23.82 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.29 |
Parnassus Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parnassus Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parnassus Equity's standard deviation. In reality, there are many statistical measures that can use Parnassus Equity historical prices to predict the future Parnassus Equity's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.2716 | |||
| Total Risk Alpha | 0.1716 | |||
| Sortino Ratio | 0.33 | |||
| Treynor Ratio | 0.3705 |
Parnassus Equity February 19, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0951 | |||
| Market Risk Adjusted Performance | 0.3805 | |||
| Mean Deviation | 0.9253 | |||
| Semi Deviation | 0.3788 | |||
| Downside Deviation | 0.8023 | |||
| Coefficient Of Variation | 899.78 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.85 | |||
| Information Ratio | 0.0945 | |||
| Jensen Alpha | 0.2716 | |||
| Total Risk Alpha | 0.1716 | |||
| Sortino Ratio | 0.33 | |||
| Treynor Ratio | 0.3705 | |||
| Maximum Drawdown | 23.82 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.29 | |||
| Downside Variance | 0.6437 | |||
| Semi Variance | 0.1435 | |||
| Expected Short fall | (1.24) | |||
| Skewness | 7.31 | |||
| Kurtosis | 57.22 |
Parnassus Equity Incme Backtested Returns
Parnassus Equity appears to be very steady, given 3 months investment horizon. Parnassus Equity Incme maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Parnassus Equity Incme, which you can use to evaluate the volatility of the fund. Please evaluate Parnassus Equity's Risk Adjusted Performance of 0.0951, coefficient of variation of 899.78, and Semi Deviation of 0.3788 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.81, 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.
Auto-correlation | -0.38 |
Poor reverse predictability
Parnassus Equity Incme has poor reverse predictability. Overlapping area represents the amount of predictability between Parnassus Equity time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Parnassus Equity Incme price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Parnassus Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.75 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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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