AFYA vs. 0710.HK

Last updated Jun 3, 2026

AFYA (Afya Limited) and 0710.HK (Boe Varitronix Ltd) are both stocks. AFYA operates in Education & Training Services (Consumer Defensive), while 0710.HK operates in Electronic Components (Technology). Over the past 5 years, AFYA returned -9.53%/yr vs 4.38%/yr for 0710.HK. At a 0.08 correlation, their price movements are largely independent.

Performance

AFYA vs. 0710.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Afya Limited (AFYA) and Boe Varitronix Ltd (0710.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AFYA is traded in USD, while 0710.HK is traded in HKD. To make them comparable, the 0710.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AFYA achieves a -2.42% return, which is significantly higher than 0710.HK's -7.82% return.

AFYA

• 1D: -0.83%
• 1M: 3.67%
• YTD: -2.42%
• 6M: -0.94%
• 1Y: -18.81%
• 3Y*: 6.59%
• 5Y*: -9.53%
• 10Y*: —

0710.HK

• 1D: 0.48%
• 1M: 9.17%
• YTD: -7.82%
• 6M: -3.07%
• 1Y: -14.72%
• 3Y*: -22.46%
• 5Y*: 4.38%
• 10Y*: 0.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AFYA vs. 0710.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AFYA Afya Limited	-2.42%	-1.70%	-27.59%	40.40%	-0.57%	-37.91%	-6.71%	13.73%
0710.HK Boe Varitronix Ltd	-7.82%	-22.20%	0.29%	-51.51%	49.44%	252.56%	14.09%	3.09%

Correlation

The correlation between AFYA and 0710.HK is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 22, 2019	0.08

The correlation between AFYA and 0710.HK shifts across timeframes, from -0.03 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AFYA vs. 0710.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AFYA

AFYA Risk / Return Rank: 16
AFYA Sharpe Ratio Rank: 12
AFYA Sortino Ratio Rank: 14
AFYA Omega Ratio Rank: 15
AFYA Calmar Ratio Rank: 19
AFYA Martin Ratio Rank: 22

0710.HK

0710.HK Risk / Return Rank: 28
0710.HK Sharpe Ratio Rank: 27
0710.HK Sortino Ratio Rank: 25
0710.HK Omega Ratio Rank: 26
0710.HK Calmar Ratio Rank: 30
0710.HK Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AFYA vs. 0710.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Afya Limited (AFYA) and Boe Varitronix Ltd (0710.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AFYA	0710.HK	Difference
Sharpe ratio Return per unit of total volatility	-0.67	-0.31	-0.36
Sortino ratio Return per unit of downside risk	-0.77	-0.18	-0.60
Omega ratio Gain probability vs. loss probability	0.90	0.98	-0.08
Calmar ratio Return relative to maximum drawdown	-0.61	-0.27	-0.34
Martin ratio Return relative to average drawdown	-0.92	-0.39	-0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AFYA vs. 0710.HK - Sharpe Ratio Comparison

The current AFYA Sharpe Ratio is -0.67, which is lower than the 0710.HK Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of AFYA and 0710.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AFYA	0710.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	-0.31	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.07	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.09	-0.22

Drawdowns

AFYA vs. 0710.HK - Drawdown Comparison

The maximum AFYA drawdown since its inception was -72.09%, smaller than the maximum 0710.HK drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for AFYA and 0710.HK.

Drawdown Indicators

	AFYA	0710.HK	Difference
Max Drawdown Largest peak-to-trough decline	-72.09%	-78.39%	+6.30%
Max Drawdown (1Y) Largest decline over 1 year	-28.86%	-52.75%	+23.89%
Max Drawdown (3Y) Largest decline over 3 years	-40.41%	-66.56%	+26.15%
Max Drawdown (5Y) Largest decline over 5 years	-67.60%	-78.39%	+10.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-78.39%	—
Current Drawdown Current decline from peak	-52.87%	-74.01%	+21.14%
Average Drawdown Average peak-to-trough decline	-43.13%	-42.67%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.01%	35.87%	-16.86%

Volatility

AFYA vs. 0710.HK - Volatility Comparison

The current volatility for Afya Limited (AFYA) is 7.20%, while Boe Varitronix Ltd (0710.HK) has a volatility of 13.17%. This indicates that AFYA experiences smaller price fluctuations and is considered to be less risky than 0710.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AFYA	0710.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	13.17%	-5.97%
Volatility (6M) Calculated over the trailing 6-month period	21.82%	27.35%	-5.53%
Volatility (1Y) Calculated over the trailing 1-year period	28.35%	45.54%	-17.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.19%	62.31%	-22.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.20%	57.11%	-9.91%

Dividends

AFYA vs. 0710.HK - Dividend Comparison

AFYA's dividend yield for the trailing twelve months is around 4.56%, more than 0710.HK's 3.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0710.HK Boe Varitronix Ltd	3.57%	3.31%	2.81%	3.26%	1.01%	0.50%	0.35%	0.40%	0.44%	0.49%	41.67%	8.26%
AFYA Afya Limited	4.56%	1.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AFYA and 0710.HK in my portfolio?

AFYA and 0710.HK have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.