Parnassus Equity Incme Fund Price History

PRILX Fund  USD 67.66  0.45  0.67%   
Below is the normalized historical share price chart for Parnassus Equity Incme extending back to April 28, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Parnassus Equity stands at 67.66, as last reported on the 27th of November, with the highest price reaching 67.66 and the lowest price hitting 67.66 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Parnassus Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Parnassus Mutual Fund to be very steady. Parnassus Equity Incme maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Parnassus Equity Incme, which you can use to evaluate the volatility of the fund. Please check Parnassus Equity's Coefficient Of Variation of 887.5, semi deviation of 0.6787, and Risk Adjusted Performance of 0.0857 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
Parnassus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1438

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Estimated Market Risk

 0.75
  actual daily
6
94% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Parnassus Equity is performing at about 11% of its full potential. 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 Equity by adding it to a well-diversified portfolio.

Parnassus Equity Mutual Fund Price History Chart

There are several ways to analyze Parnassus Equity Incme Fund price data. The simplest method is using a basic Parnassus candlestick price chart, which shows Parnassus Equity price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 26, 202467.66
Lowest PriceSeptember 6, 202461.76

Parnassus Equity November 27, 2024 Mutual Fund Price Synopsis

Various analyses of Parnassus Equity's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Parnassus Mutual Fund. It can be used to describe the percentage change in the price of Parnassus Equity from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Parnassus Mutual Fund.
Parnassus Equity Price Rate Of Daily Change 1.01 
Parnassus Equity Price Action Indicator 0.23 

Parnassus Equity November 27, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Parnassus Equity Incme Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Parnassus Equity intraday prices and daily technical indicators to check the level of noise trading in Parnassus Equity Incme Fund and then apply it to test your longer-term investment strategies against Parnassus.

Parnassus Mutual Fund Price History Data

The price series of Parnassus Equity for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 5.61 with a coefficient of variation of 2.01. The price distribution for the period has arithmetic mean of 65.05. The median price for the last 90 days is 65.09. The company had dividends distributed to its stock-holders on 30th of September 2021.
OpenHighLowCloseVolume
11/26/2024 67.66  67.66  67.66  67.66  1.00 
11/25/2024 67.21  67.21  67.21  67.21  1.00 
11/22/2024 66.87  66.87  66.87  66.87  1.00 
11/21/2024 66.73  66.73  66.73  66.73  1.00 
11/20/2024 66.13  66.13  66.13  66.13  1.00 
11/19/2024 66.18  66.18  66.18  66.18  1.00 
11/18/2024 65.91  65.91  65.91  65.91  1.00 
11/15/2024 65.78  65.78  65.78  65.78  1.00 
11/14/2024 66.87  66.87  66.87  66.87  1.00 
11/13/2024 67.37  67.37  67.37  67.37  1.00 
11/12/2024 67.35  67.35  67.35  67.35  1.00 
11/11/2024 67.33  67.33  67.33  67.33  1.00 
11/08/2024 67.06  67.06  67.06  67.06  1.00 
11/07/2024 66.92  66.92  66.92  66.92  1.00 
11/06/2024 66.29  66.29  66.29  66.29  1.00 
11/05/2024 65.09  65.09  65.09  65.09  1.00 
11/04/2024 64.50  64.50  64.50  64.50  1.00 
11/01/2024 64.46  64.46  64.46  64.46  1.00 
10/31/2024 63.98  63.98  63.98  63.98  1.00 
10/30/2024 65.54  65.54  65.54  65.54  1.00 
10/29/2024 65.50  65.50  65.50  65.50  1.00 
10/28/2024 65.28  65.28  65.28  65.28  1.00 
10/25/2024 65.14  65.14  65.14  65.14  1.00 
10/24/2024 65.30  65.30  65.30  65.30  1.00 
10/23/2024 65.44  65.44  65.44  65.44  1.00 
10/22/2024 65.91  65.91  65.91  65.91  1.00 
10/21/2024 66.16  66.16  66.16  66.16  1.00 
10/18/2024 66.36  66.36  66.36  66.36  1.00 
10/17/2024 66.09  66.09  66.09  66.09  1.00 
10/16/2024 66.17  66.17  66.17  66.17  1.00 
10/15/2024 65.87  65.87  65.87  65.87  1.00 
10/14/2024 66.26  66.26  66.26  66.26  1.00 
10/11/2024 65.69  65.69  65.69  65.69  1.00 
10/10/2024 65.37  65.37  65.37  65.37  1.00 
10/09/2024 65.52  65.52  65.52  65.52  1.00 
10/08/2024 65.08  65.08  65.08  65.08  1.00 
10/07/2024 64.20  64.20  64.20  64.20  1.00 
10/04/2024 64.80  64.80  64.80  64.80  1.00 
10/03/2024 64.50  64.50  64.50  64.50  1.00 
10/02/2024 64.60  64.60  64.60  64.60  1.00 
10/01/2024 64.62  64.62  64.62  64.62  1.00 
09/30/2024 65.16  65.16  65.16  65.16  1.00 
09/27/2024 65.02  65.02  65.02  65.02  1.00 
09/26/2024 65.20  65.20  65.20  65.20  1.00 
09/25/2024 64.87  64.87  64.87  64.87  1.00 
09/24/2024 64.90  64.90  64.90  64.90  1.00 
09/23/2024 64.79  64.79  64.79  64.79  1.00 
09/20/2024 64.63  64.63  64.63  64.63  1.00 
09/19/2024 64.78  64.78  64.78  64.78  1.00 
09/18/2024 63.91  63.91  63.91  63.91  1.00 
09/17/2024 64.31  64.31  64.31  64.31  1.00 
09/16/2024 64.53  64.53  64.53  64.53  1.00 
09/13/2024 64.43  64.43  64.43  64.43  1.00 
09/12/2024 64.14  64.14  64.14  64.14  1.00 
09/11/2024 63.61  63.61  63.61  63.61  1.00 
09/10/2024 63.02  63.02  63.02  63.02  1.00 
09/09/2024 62.47  62.47  62.47  62.47  1.00 
09/06/2024 61.76  61.76  61.76  61.76  1.00 
09/05/2024 62.66  62.66  62.66  62.66  1.00 
09/04/2024 62.85  62.85  62.85  62.85  1.00 
09/03/2024 62.83  62.83  62.83  62.83  1.00 

About Parnassus Equity Mutual Fund history

Parnassus Equity 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 Equity Incme 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 Equity stock prices may prove useful in developing a viable investing in Parnassus Equity
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.

Parnassus Equity Mutual Fund Technical Analysis

Parnassus Equity 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.
A focus of Parnassus Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parnassus Equity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Parnassus Equity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parnassus Equity'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.

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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