Parnassus Fixed Income Valuation

PRFIXDelisted Fund  USD 13.72  0.00  0.00%   
At this time, the fund appears to be overvalued. Parnassus Fixed Income holds a recent Real Value of $12.82 per share. The prevailing price of the fund is $13.72. 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.
Overvalued
Today
13.72
Please note that Parnassus Fixed's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Parnassus Fixed Income holds a recent Real Value of $12.82 per share. The prevailing price of the fund is $13.72. 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  13.72 Real  12.82 Hype  13.72 Naive  13.78
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.
12.82
Real Value
15.09
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.1314.6515.18
Details
Hype
Prediction
LowEstimatedHigh
13.7213.7213.72
Details
Naive
Forecast
LowNext ValueHigh
13.7813.7813.78
Details

Parnassus Fixed Total Value Analysis

Parnassus Fixed Income is at this time forecasted 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 company

Parnassus 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 January.

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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Parnassus Mutual Fund

If you are still planning to invest in Parnassus Fixed Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parnassus Fixed's history and understand the potential risks before investing.
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