Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows or falls outside the ranges of the Russell Midcap® Growth Index, which are subject to change. 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 Growth Institutional MF is 39.63B. The market cap for tickers in the group ranges from 9.72B to 69.7B. CTAS holds the highest valuation in this group at 69.7B. The lowest valued company is GWRE at 9.72B.
Volume
The average weekly volume growth across all stocks in the Parnassus Mid Cap Growth Institutional MF was 78%. For the same stocks of the MF, the average monthly volume growth was 59% and the average quarterly volume growth was 97%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 80
P/E Growth Rating: 49
Price Growth Rating: 35
SMR Rating: 43
Profit Risk Rating: 30
Seasonality Score: -42 (-100 ... +100)