Parnassus Fund Valuation
| PFPRX Fund | USD 59.86 0.06 0.10% |
At this time, the fund appears to be undervalued. Parnassus Fund Inst holds a recent Real Value of $63.82 per share. The prevailing price of the fund is $59.86. We determine the value of Parnassus Fund Inst 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.
Undervalued
Today
Please note that Parnassus Fund's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Parnassus Fund Inst holds a recent Real Value of $63.82 per share. The prevailing price of the fund is $59.86. We determine the value of Parnassus Fund Inst 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 Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Fund'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 59.86 | Real 63.82 | Hype 59.62 | Naive 58.37 |
The intrinsic value of Parnassus Fund'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 Fund'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 Fund Inst 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 Fund more accurately as focusing exclusively on Parnassus Fund's fundamentals will not take into account other important factors: Parnassus Fund Total Value Analysis
Parnassus Fund Inst is at this time projected 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 Fund fundamentals before making investing decisions based on enterprise value of the companyParnassus Fund 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 July.About Parnassus Fund Valuation
Our relative valuation model uses a comparative analysis of Parnassus Fund. We calculate exposure to Parnassus Fund's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Parnassus Fund's related companies.The fund normally invests at least 80 percent of its net assets 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 companys 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 percent of its net assets in smaller- and larger-capitalization companies.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Fund 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 Fund security.
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