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PFPMX Parnassus Mid Cap Institutional Forecast, Technical & Fundamental Analysis

Category MidCapBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are IQVIA Holdings (NYSE:IQV).

Industry description

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets in mid-sized companies. The fund's managers consider a mid-sized company to be one that has a market capitalization between that of the smallest and largest constituents of the Russell Midcap® Index measured at the time of purchase. The Russell Midcap® Index includes approximately 800 of the smallest companies in the Russell 1000® Index. The fund may normally invest up to 20% of its net assets in smaller- and larger-capitalization companies.

Market Cap

The average market capitalization across the Parnassus Mid Cap Institutional MF is 40.88B. The market cap for tickers in the group ranges from 9.72B to 88.26B. SHW holds the highest valuation in this group at 88.26B. The lowest valued company is GWRE at 9.72B.

Volume

The average weekly volume growth across all stocks in the Parnassus Mid Cap Institutional MF was 36%. For the same stocks of the MF, the average monthly volume growth was 58% and the average quarterly volume growth was 39%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 71
P/E Growth Rating: 59
Price Growth Rating: 46
SMR Rating: 56
Profit Risk Rating: 36
Seasonality Score: 21 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
PARNASSUS FUNDS1 Market Street, Suite 1600San Francisco
Phone
N/A
Web
www.parnassus.com
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PFPMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PFPMX has been closely correlated with FSMDX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PFPMX jumps, then FSMDX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PFPMX
1D Price
Change %
PFPMX100%
-1.54%
FSMDX - PFPMX
96%
Closely correlated
-0.67%
VSEMX - PFPMX
90%
Closely correlated
-1.29%
VMCIX - PFPMX
89%
Closely correlated
-0.55%
VIMAX - PFPMX
89%
Closely correlated
-0.55%
VMCPX - PFPMX
88%
Closely correlated
-0.55%
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