Felülértékeltségek

Felülértékeltségek refers to a concept in economics and finance concerning the overvaluation of an asset or a market. It signifies a situation where the current market price of an asset is significantly higher than its intrinsic or fundamental value. This discrepancy can arise from various factors, including speculative bubbles, irrational exuberance among investors, excessive optimism about future prospects, or a general mispricing of risk.

When an asset is considered to be subject to felülértékeltségek, it suggests that its price is not supported by its underlying economic performance, earnings potential, or asset backing. Investors and analysts often use valuation metrics, such as price-to-earnings ratios, price-to-book ratios, or discounted cash flow analysis, to assess whether an asset is overvalued. A prolonged period of felülértékeltségek can create vulnerabilities in the market, as it increases the likelihood of a sharp price correction or crash when the underlying fundamentals fail to justify the inflated valuations. Identifying and understanding felülértékeltségek is a key aspect of risk management in investment strategies.