PARNASSUS MID Market Risk Adjusted Performance
| PARMX Fund | | | USD 37.47 0.03 0.08% |
The Market Risk Adjusted Performance technical lookup provides context for Parnassus Mid Cap and related instruments. Availability can vary by instrument;
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Parnassus Mid Cap has current Market Risk Adjusted Performance of 0.0041.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0041 | |
| ER[a] | = | Expected return on investing in PARNASSUS MID |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
PARNASSUS MID Market Risk Adjusted Performance Peers Comparison
PARNASSUS Market Risk Adjusted Performance Relative To Other Indicators
Parnassus Mid Cap is rated
fifth in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1,205 of Maximum Drawdown per Market Risk Adjusted Performance. At
1,205 , Parnassus Mid Cap's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
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