PARNASSUS FUND Market Risk Adjusted Performance
| PARNX Fund | | | USD 49.89 -0.03 -0.06% |
This technical indicator view for Market Risk Adjusted Performance organizes signals for Parnassus Fund Investor and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Your Equity Center to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Parnassus Fund Investor within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Parnassus Fund Investor has current Market Risk Adjusted Performance of
-0.1.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in PARNASSUS FUND |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
PARNASSUS FUND Market Risk Adjusted Performance Peers Comparison
PARNASSUS Market Risk Adjusted Performance Relative To Other Indicators
Parnassus Fund Investor is rated
below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.