Formula Stock Market Value

FORTY Stock

USD 64.27 10.44 13.97%

Formula Systems' market value is the price at which a share of Formula Systems stock trades on a public exchange. It measures the collective expectations of Formula Systems 1985 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Formula Systems 1985 and determine expected loss or profit from investing in Formula Systems over a given investment horizon. Check out Formula Systems Correlation, Formula Systems Volatility and Formula Systems Alpha and Beta module to complement your research on Formula Systems. For more information on how to buy Formula Stock please use our How to Invest in Formula Systems guide.

Symbol

Formula Systems 1985 company Valuation

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

(0.025)

Earnings Share

5.21

Revenue Per Share

168.172

Quarterly Revenue Growth

(0.036)

Return On Assets

0.0524

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 Formula Systems value 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.

Formula Systems 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Formula Systems' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Formula Systems.

0.00

02/27/2023

No Change 0.00

0.0

In 30 days

03/29/2023

0.00

If you would invest 0.00 in Formula Systems on February 27, 2023 and sell it all today you would earn a total of 0.00 from holding Formula Systems 1985 or generate 0.0% return on investment in Formula Systems over 30 days. Formula Systems is related to or competes with Alithya, Aurora Innovation, BigBearai Holdings, Broadridge Financial, BIT Mining, Chindata Group, and CLPS. Formula Systems Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professi... More

Formula Systems Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Formula Systems' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Formula Systems 1985 upside and downside potential and time the market with a certain degree of confidence.

	Information Ratio	(0.05)
	Maximum Drawdown	14.36
	Value At Risk	(4.96)
	Potential Upside	5.11

Formula Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Formula Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formula Systems' standard deviation. In reality, there are many statistical measures that can use Formula Systems historical prices to predict the future Formula Systems' volatility.

	Risk Adjusted Performance	(0.047895)
	Jensen Alpha	(0.18)
	Total Risk Alpha	(0.09)
	Treynor Ratio	(0.34)

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Formula Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Formula Systems in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
60.80	64.15	67.50

Details

Intrinsic

Valuation

Low	Real Value	High
54.33	57.68	70.70

Details

Naive

Forecast

Low	Next Value	High
66.09	69.44	72.79

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
60.57	67.62	74.67

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Formula Systems. Your research has to be compared to or analyzed against Formula Systems' peers to derive any actionable benefits. When done correctly, Formula Systems' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Formula Systems 1985.

Formula Systems 1985 Backtested Returns

Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of -0.0425, which denotes the company had -0.0425% of return per unit of risk over the last 3 months. Macroaxis 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 twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Formula Systems 1985 mean deviation of 1.89, and Coefficient Of Variation of (1,708) to check the risk estimate we provide.

The firm shows a Beta (market volatility) of 0.6044, which means possible diversification benefits within a given portfolio. Let's try to break down what Formula's beta means in this case. As returns on the market increase, Formula Systems returns are expected to increase less than the market. However, during the bear market, the loss on holding Formula Systems will be expected to be smaller as well. Even though it is essential to pay attention to Formula Systems 1985 historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Formula Systems 1985 exposes twenty-one different technical indicators, which can help you to evaluate its performance. Formula Systems 1985 has an expected return of -0.14%. Please be advised to confirm Formula Systems 1985 treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Formula Systems 1985 performance from the past will be repeated at some point in the near future.

Auto-correlation

0.58

Modest predictability

Formula Systems 1985 has modest predictability. Overlapping area represents the amount of predictability between Formula Systems time series from 27th of February 2023 to 14th of March 2023 and 14th of March 2023 to 29th of March 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Formula Systems 1985 price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Formula Systems price fluctuation can be explain by its past prices.

	Correlation Coefficient	0.58
	Spearman Rank Test	0.38
	Residual Average	0.0
	Price Variance	10.88

Formula Systems 1985 lagged returns against current returns

Autocorrelation, which is Formula Systems stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Formula Systems' stock expected returns. We can calculate the autocorrelation of Formula Systems returns to help us make a trade decision. For example, suppose you find that Formula Systems stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.

Current and Lagged Values

Timeline

Formula Systems regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Formula Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Formula Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Formula Systems stock over time.

Current vs Lagged Prices

Timeline

Formula Systems Lagged Returns

When evaluating Formula Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Formula Systems stock have on its future price. Formula Systems autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Formula Systems autocorrelation shows the relationship between Formula Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Formula Systems 1985.

Regressed Prices

Timeline

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Check out Formula Systems Correlation, Formula Systems Volatility and Formula Systems Alpha and Beta module to complement your research on Formula Systems. For more information on how to buy Formula Stock please use our How to Invest in Formula Systems guide. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for analysis

When running Formula Systems 1985 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 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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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.

Volatility Indicators

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Value Movement

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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...

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Formula Stock Market Value

Formula Systems 1985 company Valuation

Formula Systems 'What if' Analysis

Formula Systems Upside/Downside Indicators

Formula Systems Market Risk Indicators

Formula Systems 1985 Backtested Returns

Auto-correlation

Modest predictability

Formula Systems 1985 lagged returns against current returns

Formula Systems regressed lagged prices vs. current prices

Formula Systems Lagged Returns

Be your own money manager

Did you try this?

Run Focused Opportunities Now

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Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for analysis

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