Parnassus Equity Valuation
| PRILX Fund | USD 64.64 0.04 0.06% |
At this time, the fund appears to be overvalued. Parnassus Equity Incme holds a recent Real Value of $58.63 per share. The prevailing price of the fund is $64.64. We determine the value of Parnassus Equity Incme 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 Equity's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Parnassus Equity Incme holds a recent Real Value of $58.63 per share. The prevailing price of the fund is $64.64. We determine the value of Parnassus Equity Incme 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Equity'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 64.64 | Real 58.63 | Hype 64.64 | Naive 64.13 |
The intrinsic value of Parnassus Equity'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 Equity'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 Equity Incme 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 Equity more accurately as focusing exclusively on Parnassus Equity's fundamentals will not take into account other important factors: Parnassus Equity Total Value Analysis
Parnassus Equity Incme 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 Equity fundamentals before making investing decisions based on enterprise value of the companyParnassus Equity 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 Equity Valuation
Our relative valuation model uses a comparative analysis of Parnassus Equity. We calculate exposure to Parnassus Equity's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Parnassus Equity's related companies.The funds objective is to achieve both capital appreciation and current income by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. Under normal circumstances, the fund will invest a minimum of 80 percent of its net assets in equity securities. At least 65 percent of the funds total assets will normally be invested in equity securities that pay interest or dividends.
Other Information on Investing in Parnassus Mutual Fund
Parnassus Equity 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 Equity security.
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