Afya Stock Market Value
| AFYA Stock | USD 15.13 0.20 1.30% |
| Symbol | Afya |
Afya Price To Book Ratio
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Afya. If investors know Afya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Afya listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.891 | Earnings Share 1.04 | Revenue Per Share 34.119 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0711 |
The market value of Afya is measured differently than its book value, which is the value of Afya that is recorded on the company's balance sheet. Investors also form their own opinion of Afya's value that differs from its market value or its book value, called intrinsic value, which is Afya's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Afya's market value can be influenced by many factors that don't directly affect Afya's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Afya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afya's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Afya 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Afya's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Afya.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Afya on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Afya or generate 0.0% return on investment in Afya over 30 days. Afya is related to or competes with Adtalem Global, Laureate Education, American Public, Strategic Education, Grand Canyon, Bright Scholar, and Lincoln Educational. Afya Limited, through its subsidiaries, operates as a medical education group in Brazil More
Afya Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Afya's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Afya upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.86 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.62 |
Afya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Afya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Afya's standard deviation. In reality, there are many statistical measures that can use Afya historical prices to predict the future Afya's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Afya's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Afya Backtested Returns
Afya secures Sharpe Ratio (or Efficiency) of -0.0597, which signifies that the company had a -0.0597% return per unit of risk over the last 3 months. Afya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afya's Standard Deviation of 1.85, risk adjusted performance of (0.02), and Mean Deviation of 1.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Afya's returns are expected to increase less than the market. However, during the bear market, the loss of holding Afya is expected to be smaller as well. At this point, Afya has a negative expected return of -0.11%. Please make sure to confirm Afya's kurtosis, as well as the relationship between the rate of daily change and market facilitation index , to decide if Afya performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Afya has very weak reverse predictability. Overlapping area represents the amount of predictability between Afya time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Afya price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Afya price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Afya lagged returns against current returns
Autocorrelation, which is Afya stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Afya's stock expected returns. We can calculate the autocorrelation of Afya returns to help us make a trade decision. For example, suppose you find that Afya has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Afya regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Afya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Afya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Afya stock over time.
Current vs Lagged Prices |
| Timeline |
Afya Lagged Returns
When evaluating Afya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Afya stock have on its future price. Afya autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Afya autocorrelation shows the relationship between Afya stock current value and its past values and can show if there is a momentum factor associated with investing in Afya.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Afya offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Afya's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Afya Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Afya Stock:Check out Afya Correlation, Afya Volatility and Afya Alpha and Beta module to complement your research on Afya. For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Afya technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.