PFPEX Parnassus International Equity Instl Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), AstraZeneca PLC (NYSE:AZN).

The investment seeks to achieve capital appreciation. The fund’s objective is to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities of non-U.S. companies. Equity securities include common stock, preferred stock, American Depositary Receipts (“ADRs”), American Depositary Shares (“ADSs”), convertible preferred stock, and warrants. Under normal circumstances, the fund will invest a minimum of 80% of its net assets (plus borrowings for investment purposes) in equity securities of non-U.S. companies.

The average market capitalization across the Parnassus International Equity Instl MF is 585.62B. The market cap for tickers in the group ranges from 1.44B to 1.93T. TSM holds the highest valuation in this group at 1.93T. The lowest valued company is ENR at 1.44B.

The average weekly volume growth across all stocks in the Parnassus International Equity Instl MF was -3%. For the same stocks of the MF, the average monthly volume growth was -17% and the average quarterly volume growth was -1%