Parnassus Fixed Income Manager Performance
| PRFIXDelisted Fund | USD 13.72 0.00 0.00% |
The fund holds a Beta of -0.0301, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Parnassus Fixed are expected to decrease at a much lower rate. During the bear market, Parnassus Fixed is likely to outperform the market.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Parnassus Fixed Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Parnassus Fixed is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.5800 |
Parnassus |
Parnassus Fixed Relative Risk vs. Return Landscape
If you would invest 1,372 in Parnassus Fixed Income on October 2, 2025 and sell it today you would earn a total of 0.00 from holding Parnassus Fixed Income or generate 0.0% return on investment over 90 days. Parnassus Fixed Income is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Parnassus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parnassus Fixed Current Valuation
Overvalued
Today
Please note that Parnassus Fixed's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Parnassus Fixed Income holds a recent Real Value of $12.82 per share. The prevailing price of the fund is $13.72. We determine the value of Parnassus Fixed Income 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 Fixed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Fixed'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 13.72 | Real 12.82 | Hype 13.72 | Naive 13.78 |
The intrinsic value of Parnassus Fixed'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 Fixed'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 Fixed Income 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 Fixed more accurately as focusing exclusively on Parnassus Fixed's fundamentals will not take into account other important factors: Parnassus Fixed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parnassus Fixed's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parnassus Fixed Income, and traders can use it to determine the average amount a Parnassus Fixed's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Parnassus Fixed 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 Fixed by adding Parnassus Fixed to a well-diversified portfolio.
Parnassus Fixed Fundamentals Growth
Parnassus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parnassus Fixed, and Parnassus Fixed 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.
| Total Asset | 124.97 M | |||
About Parnassus Fixed Performance
Evaluating Parnassus Fixed's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parnassus Fixed 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 Fixed 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 investment seeks a high level of current income consistent with safety and preservation of capital. Parnassus Fixed is traded on NASDAQ Exchange in the United States.Things to note about Parnassus Fixed Income performance evaluation
Checking the ongoing alerts about Parnassus Fixed for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parnassus Fixed Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parnassus Fixed is not yet fully synchronised with the market data | |
| Parnassus Fixed has a very high chance of going through financial distress in the upcoming years | |
| The fund generated five year return of -1.0% | |
| Parnassus Fixed Income maintains about 8.81% of its assets in bonds |
- Analyzing Parnassus Fixed'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 Fixed's stock is overvalued or undervalued compared to its peers.
- Examining Parnassus Fixed'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 Fixed's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parnassus Fixed's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parnassus Fixed's mutual fund. These opinions can provide insight into Parnassus Fixed's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Parnassus Mutual Fund
If you are still planning to invest in Parnassus Fixed Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parnassus Fixed's history and understand the potential risks before investing.
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