Are Stocks Overpriced Today?
While the market is about as expensive as it was a month ago, there are still pockets of value.
The market continued its upward trend in February. Stocks are up more than 11% so far this year. In light of this strong performance, how do valuations look today?
Our market fair value shows how big of a gap, on average, we see between market prices and our estimate of intrinsic value across the entire market or a specific sector.