Formula Systems 1985 Stock Price on August 28, 2018
| FORTY Stock | USD 74.15 0.45 0.60% |
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 74.15, as last reported on the 19th of April, with the highest price reaching 74.15 and the lowest price hitting 72.66 during the day.
If you're considering investing in Formula Stock, it is important to understand the factors that can impact its price. Formula Systems appears to be very steady, given 3 months investment horizon. Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Formula Systems 1985, which you can use to evaluate the volatility of the firm. Please utilize Formula Systems' Downside Deviation of 3.15, mean deviation of 1.54, and Coefficient Of Variation of 969.11 to check if our risk estimates are consistent with your expectations.
At this time, Formula Systems' Liabilities And Stockholders Equity is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 18.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 325.4 M in 2024. . At this time, Formula Systems' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to rise to 0.52 in 2024, whereas Price Earnings Ratio is likely to drop 14.83 in 2024. Formula 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 69.8046 | 50 Day MA 76.6198 | Beta 0.459 |
Formula |
Sharpe Ratio = 0.1179
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FORTY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Formula Systems is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.
Price Book 2.0845 | Enterprise Value Ebitda 5.9711 | Price Sales 0.4639 | Shares Float 9.5 M | Dividend Share 1.277 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Next Year | ||
| Common Stock Shares Outstanding | 15.5 M | 14.4 M | |
| Net Income Applicable To Common Shares | 93.6 M | 98.3 M |
Formula Systems Quarterly Net Working Capital |
|
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
Formula Systems April 19, 2024 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 Systems' price 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 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 | 0.0713 | |||
| Jensen Alpha | 0.2351 | |||
| Total Risk Alpha | 0.0113 | |||
| Sortino Ratio | 0.0612 | |||
| Treynor Ratio | 0.8916 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 estimate. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
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 0.04 | Dividend Share 1.277 | Earnings Share 4.07 | Revenue Per Share 171.285 | Quarterly Revenue Growth 0.01 |
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.