Parnassus Mid Valuation
| PFPMX Fund | USD 38.54 0.49 1.29% |
At this time, the fund appears to be overvalued. Parnassus Mid Cap holds a recent Real Value of $35.61 per share. The prevailing price of the fund is $38.54. We determine the value of Parnassus Mid Cap 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.
Overvalued
Today
Please note that Parnassus Mid's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Parnassus Mid Cap holds a recent Real Value of $35.61 per share. The prevailing price of the fund is $38.54. We determine the value of Parnassus Mid Cap 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 Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Mid'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 38.54 | Real 35.61 | Hype 38.05 | Naive 38.25 |
The intrinsic value of Parnassus Mid'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 Mid'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 Mid Cap 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 Mid more accurately as focusing exclusively on Parnassus Mid's fundamentals will not take into account other important factors: Parnassus Mid Total Value Analysis
Parnassus Mid Cap 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 Mid fundamentals before making investing decisions based on enterprise value of the companyParnassus Mid 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 Mid Valuation
Our relative valuation model uses a comparative analysis of Parnassus Mid. We calculate exposure to Parnassus Mid's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Parnassus Mid's related companies.The fund normally invests at least 80 percent of its net assets in mid-sized companies. The funds 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 percent of its net assets in smaller- and larger-capitalization companies.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Mid 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 Mid security.
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