Parnassus Income Risk Adjusted Performance

PRVS Etf   28.91  0.33  1.13%   
Parnassus Income risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Parnassus Income Funds or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Parnassus Income Funds has current Risk Adjusted Performance of 0.0658.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0658
ER[a] = Expected return on investing in Parnassus Income
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Parnassus Income Risk Adjusted Performance Peers Comparison

Parnassus Risk Adjusted Performance Relative To Other Indicators

Parnassus Income Funds is regarded fourth largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  58.13  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Parnassus Income Funds is roughly  58.13 
Compare Parnassus Income to Peers

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