Parnassus Fixed Income Fund Analysis
PFPLX Fund | USD 14.91 0.05 0.34% |
Parnassus Fixed Income is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Parnassus Fixed fund analysis is to determine its intrinsic value, which is an estimate of what Parnassus Fixed Income 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 Fixed Income. 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 Fixed 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.
Parnassus |
Parnassus Mutual Fund Analysis Notes
The fund maintains about 6.23% of assets in cash. Parnassus Fixed Income last dividend was 0.03 per share. Large To find out more about Parnassus Fixed Income contact the company at 800-999-3505.Parnassus Fixed Income Investment Alerts
Parnassus Fixed generated a negative expected return over the last 90 days | |
The fund generated three year return of -2.0% | |
Parnassus Fixed Income maintains about 6.23% of its assets in cash |
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 Fixed's market, we take the total number of its shares issued and multiply it by Parnassus Fixed'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.Technical Drivers
As of the 2nd of December, Parnassus Fixed holds the Coefficient Of Variation of (7,344), variance of 0.0737, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parnassus Fixed, as well as the relationship between them.Parnassus Fixed Income Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Parnassus Fixed 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 Fixed Income. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Parnassus Fixed Predictive Daily Indicators
Parnassus Fixed 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 Fixed 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.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 14.91 | |||
Day Typical Price | 14.91 | |||
Price Action Indicator | 0.025 | |||
Period Momentum Indicator | 0.05 |
Parnassus Fixed Forecast Models
Parnassus Fixed's time-series forecasting models are one of many Parnassus Fixed'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 Fixed'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 Fixed 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 Fixed. 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 fund normally invests at least 80 percent of its net assets in a diversified portfolio of bonds and other fixed income instruments. It principally invests in corporate bonds, U.S. Treasuries and supranational bonds, with an emphasis on corporate bonds. The fund may also invest in U.S. governmental agencies, commercial and residential mortgage-backed securities and other asset-backed securities. It invests mainly in domestic securities, and to a lesser extent may also invest in U.S. dollar denominated foreign securities.
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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 Fixed to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Parnassus Mutual Fund
Parnassus Fixed 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 Fixed security.
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