Afya Stock Technical Analysis

AFYA Stock  USD 18.27  0.09  0.50%   
As of the 11th of May 2024, Afya shows the Mean Deviation of 1.57, risk adjusted performance of (0.03), and Standard Deviation of 2.14. Afya technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for Afya, which can be compared to its peers. Please confirm Afya standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Afya is priced correctly, providing market reflects its regular price of 18.27 per share. Given that Afya has information ratio of (0.09), we suggest you to validate Afya's prevailing market performance to make sure the company can sustain itself at a future point.

Afya Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Afya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Afya
  
Afya's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Afya Analyst Consensus

Target PriceAdvice# of Analysts
21.47Buy7Odds
Afya current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Afya analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Afya stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Afya, talking to its executives and customers, or listening to Afya conference calls.
Afya Analyst Advice Details
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...

Afya Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was two with a total number of output elements of fifty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Afya volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Afya Trend Analysis

Use this graph to draw trend lines for Afya. You can use it to identify possible trend reversals for Afya as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Afya price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Afya Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Afya applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that Afya market price will keep on failing further. It has 122 observation points and a regression sum of squares at 176.85, which is the sum of squared deviations for the predicted Afya price change compared to its average price change.

About Afya Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Afya on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Afya based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Afya price pattern first instead of the macroeconomic environment surrounding Afya. By analyzing Afya's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Afya's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Afya specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding85.7575.3274.959.43
PTB Ratio2.772.362.652.52

Afya May 11, 2024 Technical Indicators

Most technical analysis of Afya help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Afya from various momentum indicators to cycle indicators. When you analyze Afya charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Afya. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Afya Stock analysis

When running Afya's 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 the 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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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
0.473
Earnings Share
0.84
Revenue Per Share
32.015
Quarterly Revenue Growth
0.25
Return On Assets
0.0659
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.