Parnassus Equity Incme Fund Beneish M Score
| PRILX Fund | USD 58.60 0.77 1.33% |
Parnassus |
At this time, Parnassus Equity's M Score is inapplicable. The earnings manipulation may begin if Parnassus Equity's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Parnassus Equity executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Parnassus Equity's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About Parnassus Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parnassus Equity Incme's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parnassus Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parnassus Equity Incme based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Parnassus Equity Incme using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parnassus Equity Incme. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.