Formula Systems 1985 Stock Price on October 4, 2021
| FORTY Stock | USD 61.26 1.99 3.36% |
Below is the normalized historical share price chart for Formula Systems 1985 extending back to October 20, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Formula Systems stands at 61.26, as last reported on the 30th of November, with the highest price reaching 61.26 and the lowest price hitting 61.26 during the day.
If you're considering investing in Formula Stock, it is important to understand the factors that can impact its stock price. Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of -0.0871, which denotes the company had -0.0871% of return per unit of risk over the last 3 months. Our standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Formula Systems 1985 exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Formula Systems 1985 Variance of 9.82, mean deviation of 1.85, and Standard Deviation of 3.13 to check the risk estimate we provide.
Net Income Common Stock is likely to drop to about 68.7 M in 2023. Price to Book Value is likely to rise to 2.06 in 2023. Price to Earnings Ratio is likely to rise to 19.45 in 2023. Formula Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of October 1997 | 200 Day MA 69.0765 | 50 Day MA 64.0516 | Beta 0.482 |
Formula |
Sharpe Ratio = -0.0871
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FORTY |
Estimated Market Risk
| 3.15 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Formula Systems is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Formula Systems by adding Formula Systems to a well-diversified portfolio.
Price Book 1.5548 | Enterprise Value Ebitda 4.9016 | Price Sales 0.3685 | Shares Float 9.5 M | Dividend Share 0.62 |
Formula Systems Valuation on October 4, 2021
It is possible to determine the worth of Formula Systems on a given historical date. On October 4, 2021 Formula was worth 122.8 at the beginning of the trading date compared to the closed value of 122.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Formula Systems stock. Still, in general, we apply an absolute valuation method to find Formula Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Formula Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Formula Systems' related companies.
| Open | High | Low | Close | Volume | |
11/15/2021 | 122.80 | 125.78 | 121.24 | 122.72 | 6,919 |
| 121.94 | 124.74 | 118.08 | 118.08 | 4,925 |
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Formula Systems Trading Date Momentum on October 4, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Formula Systems 1985 Fundamentals Correlations and Trends
By evaluating Formula Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Formula financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Formula Systems Stock history
Formula Systems investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Formula is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formula Systems 1985 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Formula Systems stock prices may prove useful in developing a viable investing in Formula Systems
| Last Reported | Projected for 2023 | ||
| Weighted Average Shares | 15.3 M | 16.5 M | |
| Weighted Average Shares Diluted | 15.5 M | 16.8 M |
Formula Systems Quarterly Market Capitalization |
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Formula Systems Stock Technical Analysis
Formula Systems 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.
Price Boundaries
Formula Systems Period Price Range
Low | November 15, 2021 | High |
122.80 | 122.72 |
| -0.08 | -0.07% |
Formula Systems November 30, 2023 Market Strength
Market strength indicators help investors to evaluate how Formula Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Formula Systems shares will generate the highest return on investment. By undertsting and applying Formula Systems stock market strength indicators, traders can identify Formula Systems 1985 entry and exit signals to maximize returns
| Accumulation Distribution | 249.74 | |||
| Daily Balance Of Power | (0.017621) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 123.51 | |||
| Day Typical Price | 123.25 | |||
| Market Facilitation Index | 7.0E-4 | |||
| Price Action Indicator | (0.83) | |||
| Period Momentum Indicator | (61.46) |
Formula Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Formula stock's direction in advance. Along with the technical and fundamental analysis of Formula Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formula to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.39) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Formula Systems' price analysis, check to measure Formula Systems' 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 Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.
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Is Formula Systems' 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 Formula Systems. If investors know Formula 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 Formula Systems 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 (0.48) | Dividend Share 0.62 | Earnings Share 4.07 | Revenue Per Share 168.172 | Quarterly Revenue Growth 0.043 |
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' 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 Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' 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 Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' 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.