Parnassus E Equity Fund Analysis

PRBLX Fund  USD 65.94  0.59  0.89%   
Parnassus E Equity is overvalued with Real Value of 60.01 and Hype Value of 65.96. The main objective of Parnassus Core fund analysis is to determine its intrinsic value, which is an estimate of what Parnassus E Equity is worth, separate from its market price. There are two main types of Parnassus Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Parnassus E Equity. On the other hand, technical analysis, focuses on the price and volume data of Parnassus Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Parnassus Core mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parnassus E Equity. 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 bureau of economic analysis.

Parnassus Mutual Fund Analysis Notes

The fund generated five year return of 14.0%. Parnassus E Equity maintains 99.38% of assets in stocks. This fund last dividend was 0.06 per share. Large Blend To find out more about Parnassus E Equity contact the company at 800-999-3505.

Parnassus E Equity Investment Alerts

The fund maintains 99.38% of its assets in stocks

Parnassus Market Capitalization

The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parnassus Core's market, we take the total number of its shares issued and multiply it by Parnassus Core's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Top Parnassus E Equity Mutual Fund Constituents

Technical Drivers

As of the 23rd of November, Parnassus Core holds the Semi Deviation of 0.7105, coefficient of variation of 1201.19, and Risk Adjusted Performance of 0.0632. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parnassus Core, as well as the relationship between them.

Parnassus E Equity Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Parnassus Core middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Parnassus E Equity. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Parnassus Core Outstanding Bonds

Parnassus Core issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parnassus E Equity uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parnassus bonds can be classified according to their maturity, which is the date when Parnassus E Equity has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Parnassus Core Predictive Daily Indicators

Parnassus Core intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parnassus Core mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Parnassus Core Forecast Models

Parnassus Core's time-series forecasting models are one of many Parnassus Core's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parnassus Core's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Parnassus Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Parnassus Core prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parnassus shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Parnassus Core. By using and applying Parnassus Mutual Fund analysis, traders can create a robust methodology for identifying Parnassus entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Parnassus Core to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Parnassus Mutual Fund

Parnassus Core 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 Core security.
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