Parnassus Fund Financial Statements From 2010 to 2022

Parnassus Fund financial statements provide useful quarterly and yearly information to potential Parnassus Fund - investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Parnassus Fund financial statements helps investors assess Parnassus Fund's valuation, profitability, and current liquidity needs.
Parnassus Fund - does not presently have any trending fundamental ratios for analysis.

Parnassus Financial Statements 

Check Parnassus Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parnassus main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Parnassus financial statements analysis is a perfect complement when working with Parnassus Fund Valuation or Volatility modules. It can also supplement various Parnassus Fund Technical models. Check out Your Equity Center.

Parnassus Ten Year Return Analysis

Parnassus Fund's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Ten Year Return 
(Mean of Monthly Returns - 1) 
More About Ten Year Return | All Equity Analysis

Current Parnassus Fund Ten Year Return

  12.31 %  
Most of Parnassus Fund's fundamental indicators, such as Ten Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parnassus Fund - is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Compare to competition

Parnassus Fund Ten Year Return Component Assessment

Based on the latest financial disclosure, Parnassus Fund - has a Ten Year Return of 12.31%. This is much higher than that of the Parnassus family and significantly higher than that of the Mid-Cap Growth category. The ten year return for all United States funds is notably lower than that of the firm.

Parnassus Fund - Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parnassus Fund's current stock value. Our valuation model uses many indicators to compare Parnassus Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parnassus Fund competition to find correlations between indicators driving Parnassus Fund's intrinsic value. More Info.
Parnassus Fund - is rated top fund in ten year return among similar funds. It is rated top fund in five year return among similar funds reporting about  0.63  of Five Year Return per Ten Year Return. The ratio of Ten Year Return to Five Year Return for Parnassus Fund - is roughly  1.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parnassus Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parnassus Fund's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parnassus Fund's earnings, one of the primary drivers of an investment's value.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parnassus Fund without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Options Analysis Now


Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

Currently Active Assets on Macroaxis

Check out Your Equity Center. Note that the Parnassus Fund - information on this page should be used as a complementary analysis to other Parnassus Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Tools for Parnassus Mutual Fund

When running Parnassus Fund - price analysis, check to measure Parnassus Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parnassus Fund is operating at the current time. Most of Parnassus Fund's value examination focuses on studying past and present price action to predict the probability of Parnassus Fund's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parnassus Fund's price. Additionally, you may evaluate how the addition of Parnassus Fund to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance