Parnassus Fund Valuation

PFPRX Fund  USD 60.34  0.60  1.00%   
At this time, the fund appears to be undervalued. Parnassus Fund Inst holds a recent Real Value of $62.45 per share. The prevailing price of the fund is $60.34. 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
60.34
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 $62.45 per share. The prevailing price of the fund is $60.34. 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  60.34 Real  62.45 Hype  60.34 Naive  58.71
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.
62.45
Real Value
63.59
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.0559.1961.34
Details
Hype
Prediction
LowEstimatedHigh
59.2060.3461.48
Details
Naive
Forecast
LowNext ValueHigh
57.5758.7159.86
Details

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 company

Parnassus 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.

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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