Which stocks are most correlated with AFYA?

Based on one year of daily returns, the stocks most correlated with Afya Limited Class A Common Shares (AFYA) are DSMC (0.39), STRA (0.38) and BNGE (0.38). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with AFYA?

Over the past year, the stocks most inversely correlated with Afya Limited Class A Common Shares (AFYA) are HDGE (-0.39), DWSH (-0.32) and BZQ (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Afya Limited Class A Common Shares (AFYA) — Stock Correlations & Overview

Over the past year, AFYA has moved most closely with DSMC, STRA, BNGE. Explore the stocks most correlated and inversely correlated with AFYA below, along with its price, financials, and company profile.

Stocks correlated with AFYA

Correlation of daily returns. Higher positive values move with AFYA; negative values move opposite it. Informational only, not investment advice.

Most correlated with AFYA

Symbol	Company	Correlation
DSMC	Distillate Small/Mid Cash Flow ETF	0.39
STRA	Strategic Education, Inc. Common StockSERVICES-EDUCATIONAL SERVICES	0.38
BNGE	First Trust S-Network Streaming and Gaming ETF	0.38
PAGS	PagSeguro Digital Ltd.	0.37
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	0.37

Most inversely correlated with AFYA

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.39
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.32
BZQ	ProShares UltraShort MSCI Brazil Capped	-0.27
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.27
EMTY	ProShares Decline of the Retail Store ETF	-0.27

Frequently asked questions about AFYA correlations

Which stocks are most correlated with AFYA?: Based on one year of daily returns, the stocks most correlated with Afya Limited Class A Common Shares (AFYA) are DSMC (0.39), STRA (0.38) and BNGE (0.38). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with AFYA?: Over the past year, the stocks most inversely correlated with Afya Limited Class A Common Shares (AFYA) are HDGE (-0.39), DWSH (-0.32) and BZQ (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these AFYA correlations calculated?: We compute the correlation of daily returns between AFYA and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.