如果market price 在区间外怎么判断

问题如下：

An analyst estimates the intrinsic value of a stock to be in the range of €17.85 to €21.45. The current market price of the stock is €24.35. This stock is most likely:

选项：

A.

overvalued.

B.

undervalued.

C.

fairly valued.

解释：

A is correct.

The current market price of the stock exceeds the upper bound of the analyst’s estimate of the intrinsic value of the stock.

考点：Evaluate A Security

高估低估针对的是市场价格，我们估值的目的就是希望得到股票的合理价值水平，这样我们才能判断市场上的股票现在是高估了还是低估了。本题说ananlyst 通过一系列的分析发现合理的价格应该是在€17.85 to €21.45之间，而当前股价为€24.35，说明当前的股价太高了，被高估了，应该做空。