Parnassus Fixed Valuation
| PFPLX Fund | USD 14.81 0.01 0.07% |
At this time, the fund appears to be fairly valued. Parnassus Fixed Income holds a recent Real Value of $14.77 per share. The prevailing price of the fund is $14.81. We determine the value of Parnassus Fixed Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Parnassus Fixed's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Parnassus Fixed Income holds a recent Real Value of $14.77 per share. The prevailing price of the fund is $14.81. We determine the value of Parnassus Fixed Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Parnassus Fixed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Fixed's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.81 | Real 14.77 | Hype 14.81 | Naive 14.75 |
The intrinsic value of Parnassus Fixed's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Parnassus Fixed's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Parnassus Fixed Income helps investors to forecast how Parnassus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Parnassus Fixed more accurately as focusing exclusively on Parnassus Fixed's fundamentals will not take into account other important factors: Parnassus Fixed Total Value Analysis
Parnassus Fixed Income is at this time expected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Parnassus Fixed fundamentals before making investing decisions based on enterprise value of the companyParnassus Fixed Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Parnassus suggests not a very effective usage of assets in March.About Parnassus Fixed Valuation
Our relative valuation model uses a comparative analysis of Parnassus Fixed. We calculate exposure to Parnassus Fixed's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Parnassus Fixed's related companies.The fund normally invests at least 80 percent of its net assets in a diversified portfolio of bonds and other fixed income instruments. It principally invests in corporate bonds, U.S. Treasuries and supranational bonds, with an emphasis on corporate bonds. The fund may also invest in U.S. governmental agencies, commercial and residential mortgage-backed securities and other asset-backed securities. It invests mainly in domestic securities, and to a lesser extent may also invest in U.S. dollar denominated foreign securities.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Fixed financial ratios help investors to determine whether Parnassus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parnassus with respect to the benefits of owning Parnassus Fixed security.
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