Parnassus Mutual Fund Price Chart Trends and Technical Patterns
PFPLX Fund | USD 14.91 0.05 0.34% |
Parnassus |
Parnassus Fixed Mutual Fund Momentum Indicator Charts
Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Parnassus provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular instrument, such as Parnassus Fixed, can be considered to be 'the market' for Parnassus Fixed instruments. The emotional state of those investors is what determines the price for Parnassus Fixed. If more investors feel that the Parnassus Fixed Mutual Fund will rise, it most likely will increase; and if more investors feel that the Parnassus price will fall, then it will fall. Thus, a mutual fund's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that instrument, and thus, technical analysis is, at its core, a study of crowd behavior. Our charting interfaces help investors to find opportunities and time the market. Parnassus Fixed price plot provides a helpful view of the trending direction of the price but hides some likely useful information from an investor. The Parnassus Fixed's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.Parnassus Fixed Mutual Fund Peer indicators
Technical peer comparison is one of the most widely used and accepted methods of fund analysis among chartists. It analyses Parnassus Fixed's direct or indirect competition against its essential technical indicators to detect undervalued fund instruments with similar characteristics or determine the mutual fund that would be a good addition to a portfolio. Peer analysis of Parnassus Fixed could also be used in its relative valuation, which is a method of valuing Parnassus Fixed by comparing different technical metrics with those of similar instruments.
Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
PFPLX | 0.20 | (0.03) | 0.00 | (0.28) | 0.00 | 0.40 | 1.14 | |||
PFPRX | 0.70 | (0.02) | (0.02) | 0.11 | 0.87 | 1.53 | 4.57 | |||
PFPMX | 0.58 | 0.00 | (0.03) | 0.13 | 0.57 | 1.40 | 3.41 | |||
PFPWX | 0.56 | 0.01 | (0.02) | 0.14 | 0.49 | 1.16 | 2.87 | |||
PRILX | 0.55 | 0.00 | (0.05) | 0.12 | 0.68 | 1.15 | 3.75 | |||
PRFIX | 0.22 | (0.01) | 0.00 | 0.51 | 0.00 | 0.40 | 1.14 |
Parnassus Fixed Income Predictive Pricing Charts
Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Parnassus Fixed Income.
- Analyze a chart of Parnassus Fixed's fund price history.
- Study the chart to identify trends in Parnassus Fixed's fund prices over time.
- Look for patterns such as uptrends, downtrends, and consolidations, and take note of any significant events that may have affected the price of the fund.
- Use technical indicators, such as moving averages and trend lines, to further understand the Parnassus Fixed's price action. These tools can help you determine the fund's support and resistance levels and momentum.
- Consider the Parnassus Fixed's volume data, which can provide insight into the fund's buying and selling activity level. High volume typically indicates a high level of interest in the fund, which can be a bullish sign.
- Look at news and events that may be affecting Parnassus Fixed's fund price. Keep up to date on the Mutual Fund's financial performance, as well as any regulatory changes or macroeconomic events that may impact the price.