Afya Stock Forecast - Relative Strength Index

AFYA Stock  USD 16.26  0.10  0.61%   
Afya Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Afya stock prices and determine the direction of Afya's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Afya's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Inventory Turnover is expected to grow to 843.20. The current year's Payables Turnover is expected to grow to 16.05. The current year's Common Stock Shares Outstanding is expected to grow to about 97.4 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 215.3 M.
On November 20, 2024 Afya had Relative Strength Index of 40.08.
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Afya Trading Date Momentum

On November 21 2024 Afya was traded for  16.26  at the closing time. The top price for the day was 16.55  and the lowest listed price was  16.20 . The trading volume for the day was 78.3 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 0.06% .
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Other Forecasting Options for Afya

For every potential investor in Afya, whether a beginner or expert, Afya's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Afya Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Afya. Basic forecasting techniques help filter out the noise by identifying Afya's price trends.

Afya Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Afya stock to make a market-neutral strategy. Peer analysis of Afya could also be used in its relative valuation, which is a method of valuing Afya by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Afya Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Afya's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Afya's current price.

Afya Market Strength Events

Market strength indicators help investors to evaluate how Afya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afya shares will generate the highest return on investment. By undertsting and applying Afya stock market strength indicators, traders can identify Afya entry and exit signals to maximize returns.

Afya Risk Indicators

The analysis of Afya's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Afya's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting afya stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 Historical Fundamental Analysis of Afya to cross-verify your projections.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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
1.1
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.