Afya Stock Market Value

AFYA
 Stock
  

USD 15.04  0.21  1.38%   

Afya's market value is the price at which a share of Afya stock trades on a public exchange. It measures the collective expectations of Afya investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Afya and determine expected loss or profit from investing in Afya over a given investment horizon. Please continue to Afya Correlation, Afya Volatility and Afya Alpha and Beta module to complement your research on Afya.
Symbol


Is Afya's industry 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 YOY
0.5
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
0.278
Return On Assets
0.0608
Return On Equity
0.119
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 Afya value 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.
0.00
12/19/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/09/2022
0.00
If you would invest  0.00  in Afya on December 19, 2020 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 720 days. Afya is related to or competes with Euronext, Hong Kong, Nasdaq, Deutsche Boerse, Hong Kong, FactSet Research, and Bolsa Mexicana. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Afya in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.4515.2718.09
Details
Intrinsic
Valuation
LowReal ValueHigh
14.8317.6520.47
Details
Naive
Forecast
LowNext ValueHigh
12.8115.6318.45
Details
4 Analysts
Consensus
LowTarget PriceHigh
20.5025.3331.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Afya. Your research has to be compared to or analyzed against Afya's peers to derive any actionable benefits. When done correctly, Afya's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Afya.

Afya Backtested Returns

We consider Afya not too volatile. Afya secures Sharpe Ratio (or Efficiency) of 0.0491, which signifies that the company had 0.0491% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Afya, which you can use to evaluate the future volatility of the firm. Please confirm Afya Risk Adjusted Performance of 0.1565, mean deviation of 2.02, and Downside Deviation of 2.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Afya has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8076, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Afya's beta means in this case. As returns on the market increase, Afya returns are expected to increase less than the market. However, during the bear market, the loss on holding Afya will be expected to be smaller as well. Although it is important to respect Afya historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Afya technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future. Afya right now shows a risk of 2.82%. Please confirm Afya value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change to decide if Afya will be following its price patterns.

Auto-correlation

    
  -0.58  

Good reverse predictability

Afya has good reverse predictability. Overlapping area represents the amount of predictability between Afya time series from 19th of December 2020 to 14th of December 2021 and 14th of December 2021 to 9th of December 2022. 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 -0.58 indicates that roughly 58.0% of current Afya price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test0.02
Residual Average0.0
Price Variance3.14

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       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   
Share
       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   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Afya without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Afya

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Afya position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Afya will appreciate offsetting losses from the drop in the long position's value.

Moving together with Afya

+0.63UTIUniversal Technical Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Afya could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Afya when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Afya - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Afya to buy it.
The correlation of Afya is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Afya moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Afya moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Afya can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Afya Correlation, Afya Volatility and Afya Alpha and Beta module to complement your research on Afya. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Afya price analysis, check to measure Afya's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Afya is operating at the current time. Most of Afya's value examination focuses on studying past and present price action to predict the probability of Afya's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Afya's price. Additionally, you may evaluate how the addition of Afya to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Afya technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Afya trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...