W.W. Grainger, Inc. Shares Sold by Swiss National Bank
PFPWX Fund | USD 60.07 0.17 0.28% |
Slightly above 54% of Parnassus Endeavor's investor base is interested to short. The analysis of overall sentiment of trading Parnassus Endeavor Fund mutual fund suggests that many investors are impartial at this time. Parnassus Endeavor's investing sentiment can be driven by a variety of factors including economic data, Parnassus Endeavor's earnings reports, geopolitical events, and overall market trends.
Parnassus |
Swiss National Bank trimmed its stake in W.W. Grainger, Inc. by 0.1 percent in the third quarter, according to the company in its most recent disclosure with the Securities Exchange Commission. The fund owned 131,000 shares of the industrial products companys stock after selling 100 shares during the quarter. Swiss National
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Parnassus Endeavor Fundamental Analysis
We analyze Parnassus Endeavor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parnassus Endeavor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parnassus Endeavor 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.
Price To Book
Price To Book Comparative Analysis
Parnassus Endeavor is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Parnassus Endeavor 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 Endeavor mutual fund to make a market-neutral strategy. Peer analysis of Parnassus Endeavor could also be used in its relative valuation, which is a method of valuing Parnassus Endeavor by comparing valuation metrics with similar companies.
Peers
Parnassus Endeavor Related Equities
PRILX | Parnassus Equity | 0.45 | ||||
PARWX | Parnassus Endeavor | 0.28 | ||||
PARNX | Parnassus Fund | 0.25 | ||||
PFPRX | Parnassus Fund | 0.24 | ||||
PFPMX | Parnassus Mid | 0.22 |
Other Information on Investing in Parnassus Mutual Fund
Parnassus Endeavor 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 Endeavor security.
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