Parnassus E Equity Fund Equity Positions Weight

PRBLX Fund  USD 60.57  0.38  0.63%   
Parnassus E Equity fundamentals help investors to digest information that contributes to Parnassus' financial success or failures. It also enables traders to predict the movement of Parnassus Mutual Fund. The fundamental analysis module provides a way to measure Parnassus' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parnassus mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Parnassus Equity Positions Weight Analysis

Parnassus' Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Stock Percentage

 = 

% of Equities

in the fund

More About Equity Positions Weight | All Equity Analysis

Current Parnassus Equity Positions Weight

    
  99.38 %  
Most of Parnassus' fundamental indicators, such as Equity Positions Weight, 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 E Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Competition

Parnassus Equity Positions Weight Component Assessment

According to the company disclosure, Parnassus E Equity has an Equity Positions Weight of 99%. This is much higher than that of the Parnassus family and significantly higher than that of the Large Blend category. The equity positions weight for all United States funds is notably lower than that of the firm.

Parnassus Equity Positions Weight Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parnassus' direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Parnassus could also be used in its relative valuation, which is a method of valuing Parnassus by comparing valuation metrics of similar companies.
Parnassus is currently under evaluation in equity positions weight among similar funds.

Fund Asset Allocation for Parnassus

The fund invests 99.38% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.62%) .
Asset allocation divides Parnassus' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Parnassus Fundamentals

About Parnassus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Parnassus E Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parnassus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parnassus E Equity 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.
Please read more on our fundamental analysis page.
The funds objective is to achieve both capital appreciation and current income by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. Under normal circumstances, the fund will invest a minimum of 80 percent of its net assets in equity securities. At least 65 percent of the funds total assets will normally be invested in equity securities that pay interest or dividends.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Parnassus E Equity using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Parnassus Piotroski F Score and Parnassus Altman Z Score analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Parnassus Mutual Fund analysis

When running Parnassus' price analysis, check to measure Parnassus' 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 is operating at the current time. Most of Parnassus' value examination focuses on studying past and present price action to predict the probability of Parnassus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parnassus' price. Additionally, you may evaluate how the addition of Parnassus to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Parnassus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Parnassus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parnassus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.