Why Is Biogen Inc. Among the Worst Performing Healthcare Stocks in 2024?

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.
  
We recently compiled a list of the 10 Worst Performing Healthcare Stocks in 2024. In this article, we are going to take a look at where Biogen Inc.

Read at insidermonkey.com
insidermonkey News
  

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.

Equity Positions Weight

Equity Positions Weight Comparative Analysis

Parnassus Endeavor is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

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.

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.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
CEOs Directory
Screen CEOs from public companies around the world