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.
IPO Date
21st of October 1997
200 Day MA
50 Day MA
Dot-com Bubble
Housing Crash
Credit Downgrade
Yuan Drop
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.

Sharpe Ratio = -0.0871

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFORTY

Estimated Market Risk

  actual daily
73% of assets are more volatile

Expected Return

  actual daily
Most of other assets have higher returns

Risk-Adjusted Return

  actual daily
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
Enterprise Value Ebitda
Price Sales
Shares Float
9.5 M
Dividend Share

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
  122.80    125.78    121.24    122.72    6,919  
  121.94    124.74    118.08    118.08    4,925  
Backtest Formula Systems  |  Formula Systems History  |  Formula Systems Valuation Next  
Open Value 122.8
Closing Value

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 ReportedProjected for 2023
Weighted Average Shares15.3 M16.5 M
Weighted Average Shares Diluted15.5 M16.8 M

Formula Systems Quarterly Market Capitalization

1.15 Billion

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.
A focus of Formula Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Formula Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Formula Systems Period Price Range

November 15, 2021





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

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.
When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' 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 Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:
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.

Complementary Tools for Formula Stock analysis

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.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets
Bond Directory
Find actively traded corporate debentures issued by US companies
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
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.