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SP 500   1,680   10.61  Index Moved Up 0.64%
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Collecting data for FORTY

Formula quote and profile

 
 Companies |  Insiders  | Dashboard  
     
21.61
  
STOCK
0.00  No Change   0.00%  
Year To Date
13.5522.15
Last 1 Month(s)
19.5722.15
May 22 2013 

Diversification Suggestion

Use Formula to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
Analyze Formula Systems 1985 Trend or Check current 30 days Formula correlation with market (S&P 500)
1 Month Beta 0.73  
Highest Price:  
Lowest Price:  
22.15  
19.57  
May 08 2013 
April 22 2013 
As returns on market increase, Formula returns are expected to increase less than the market. However during bear market, the loss on holding Formula will be expected to be smaller as well.
Formula Systems 1985 Ltd Small BetaFormula Systems 1985 Beta Legend
FORTY United States Nasdaq
Formula Systems 1985 Ltd
Technology
Business Software and Services
Benchmark S&P 500
http://www.formulasystems.com
Contact Number: 972 3 538 9487
Currency: USD - US Dollar
Traded on NASDAQ
    
Current Valuation256.33 M
Shares Outstanding13.6 M
Number of Shares Shorted317
Revenue755.2 M
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States Russel   0.63 % Macroaxis: 0.63 Moved Up  
 
 United States NYSE   0.48 % Macroaxis: 0.48 Moved Up  
 
 United States SP 500   0.44 % Macroaxis: 0.44 Moved Up  
 
 thisGreen FORTY FORTY agains markets  0.00 % No Change  
Compare to Competition Get Alpha   Get Advice

Formula Leadership

Guy Bernstein Chief Executive officer
Marcin Rulnicki Chairman of the Board
Asaf Berenstin CFO, CPA

Formula Price and Market Media

The median price of Formula for the period between Mon, Apr 22, 2013 and Wed, May 22, 2013 is 21.58 with a coefficient of variation of 3.75. The daily time series for the period is distributed with a sample standard deviation of 0.8, arithmetic mean of 21.26, and mean deviation of 0.64. The Stock did not receive any noticable media coverage during the period.
Formula         SP 500
Price Growth (%)
 

Formula Summary

Formula Systems 1985 Ltd [FORTY] is traded on NASDAQ in USA. It is located in Or Yehuda, and employs 7,666 people. The company currently falls under 'Small-Cap' category with current market capitalization of 285.9 M. Formula Systems 1985 Ltd classifies itself under Technology sector and is part of Business Software and Services industry. This company has 13.6 M outstanding shares of which 317 shares are currently shorted by private and institutional investors with about 0.2 days to cover all short positions.
Formula Systems Ltd., through its subsidiaries, operates as an information technology solutions and services company worldwide. more
Past Market
Over 30
Days
17
Out Of
100
 
Chance of
Less
Than
36 %
 
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Formula Research Report

Formula vs. Automatic

Correlation analysis and fundamentals comparison between Formula Systems 1985 and Automatic Data Proce

Formula Executives

Asaf Berenstin CFO, CPA

Formula Directors

Ofer Lavie Independent Director
Ronnie Vinkler Independent Director, Ph.D
Dafna Cohen Director, MBA
Marek Panek Director

Formula Fundamentals

Price to Sales vs One Year Low
Earnings Per Share vs Price to Book
Price to Sales vs Current Asset
EBITDA vs Price to Book

Formula vs Competition

Formula vs. Automatic Data Processing Inc
Formula vs. Cognizant Technology Solutions Corporation
Formula vs. Citrix Systems Inc
Formula vs. Iron Mountain Inc
Formula vs. NetSuite Inc
Formula vs. Amdocs Limited
Formula vs. Total System Services Inc
Formula vs. Solera Holdings Inc
Formula vs. Jack Henry Associates Inc
Formula vs. Informatica Corporation

Formula May 22 2013 Opportunity Range

Downside Deviation1.87
Information Ratio0.1498
Maximum Drawdown6.25
Value At Risk(3.18)
Potential Upside3.07

 
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