Editing Market-based valuation

A '''Market-based valuation''' is a form of [[stock valuation]] that refers to market indicators, also called extrinsic criteria (i.e. not related to economic fundamentals and account data, which are intrinsic criteria).

==Examples of market valuation methods==
===Technical analysis===
[[Technical analysis]] is the most characteristic market-based method, although it focuses more on timing than pricing.

Also, rough market comparison tools such as the [[PE ratio]] and the [[PEG ratio]] are used. More sophisticated forms of analysis ([[fundamental analysis]], [[Quantitative analysis (finance)|quantitative analysis]], and [[behavioral finance|behavioral analysis]]) use also some market criteria, such as the [[risk premium]] or [[beta coefficient]].

Those criteria might be "tilted" in some valuation models in anticipation of their possible variation in the next future, or to adapt them to their historical statistical range or [[mean]].

==See also==
*[[List of finance topics#Valuation|List of valuation topics]]
*[[Price discovery]]
*[[Valuation using multiples]]
*[[Valuation using discounted cash flows]]
*[[Valuation using the Market Penetration Model]]

[[Category:Stock market]]

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