Formula Stock Price History

FORTY Stock  USD 67.40  2.10  3.02%   
As of today, the current price of Formula Systems is  67.40 , as last reported on the 24th of March, with the highest price reaching  70.59  and the lowest price hitting  67.40  during the day.
Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of -0.0042, which denotes the company had -0.0042% 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-eight 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 1.47, and Coefficient Of Variation of (3,624) 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 price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Updates

Shares Float
9.6 M
Net Income Applicable To Common Shares
54.6 M
Shares Outstanding
15.3 M
Shares Short Prior Month
180
Earnings Share
5.61

Formula Systems Stock Price History Chart

There are several ways to analyze Formula Stock price data. The simplest method is using a basic Formula candlestick price chart, which shows Formula Systems price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 24, 202382.55
Lowest PriceMarch 16, 202363.7

Formula Systems March 24, 2023 Stock Price Synopsis

Formula Systems Price Rate Of Daily Change 0.97 
Formula Systems Accumulation Distribution 28.02 
Formula Systems Price Daily Balance Of Power(0.66) 
Formula Systems Market Facilitation Index 0.005145 
Formula Systems Price Action Indicator(2.64) 

Formula Systems March 24, 2023 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formula Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Formula Systems intraday prices and daily technical indicators to check the level of noise trading in Formula Stock and then apply it to test your longer-term investment strategies against Formula.

Formula Stock Price History Data

The price series of Formula Systems for the period between Sat, Dec 24, 2022 and Fri, Mar 24, 2023 has a statistical range of 18.85 with a coefficient of variation of 7.01. Under current investment horizon, the daily prices are spread out with arithmetic mean of 73.66. The median price for the last 90 days is 74.67. The company completed dividends distribution on 2022-12-02.
OpenHighLowCloseVolume
03/24/2023 70.59  70.59  67.40  67.40  620.00 
03/23/2023 69.40  74.75  65.44  69.50  639.00 
03/22/2023 66.21  68.55  66.21  68.55  1,500 
03/21/2023 65.80  65.80  65.22  65.22  300.00 
03/20/2023 63.70  63.70  63.70  63.70  107.00 
03/17/2023 63.70  63.70  63.70  63.70  99.00 
03/16/2023 63.70  63.70  63.70  63.70  200.00 
03/15/2023 64.44  64.44  64.44  64.44  39.00 
03/14/2023 64.44  64.44  64.44  64.44  4.00 
03/13/2023 65.60  65.60  64.44  64.44  958.00 
03/10/2023 70.50  70.50  70.50  70.50  32.00 
03/09/2023 70.50  70.50  70.50  70.50  200.00 
03/08/2023 70.50  70.50  70.50  70.50  72.00 
03/07/2023 70.50  70.50  70.50  70.50  72.00 
03/06/2023 74.76  74.76  70.50  70.50  600.00 
03/03/2023 68.49  68.49  68.49  68.49  300.00 
03/02/2023 68.30  68.30  68.30  68.30  122.00 
03/01/2023 68.30  68.30  68.30  68.30  11.00 
02/28/2023 68.00  68.30  68.00  68.30  300.00 
02/27/2023 68.49  68.49  68.49  68.49  300.00 
02/24/2023 68.90  68.90  68.90  68.90  25.00 
02/23/2023 68.93  68.93  68.88  68.90  900.00 
02/22/2023 70.00  70.26  69.71  70.20  1,500 
02/21/2023 73.05  73.05  73.05  73.05  600.00 
02/17/2023 73.00  73.05  72.60  73.05  800.00 
02/16/2023 73.17  73.21  73.17  73.21  400.00 
02/15/2023 76.90  76.90  76.90  76.90  44.00 
02/14/2023 76.39  76.90  76.39  76.90  278.00 
02/13/2023 75.50  75.50  75.50  75.50  197.00 
02/10/2023 76.50  76.50  75.50  75.50  800.00 
02/09/2023 80.85  80.85  80.85  80.85  18.00 
02/08/2023 80.85  80.85  80.85  80.85  142.00 
02/07/2023 80.85  80.85  80.85  80.85  18.00 
02/06/2023 80.85  80.85  80.85  80.85  242.00 
02/03/2023 80.85  80.85  80.85  80.85  54.00 
02/02/2023 80.85  80.85  80.85  80.85  2.00 
02/01/2023 80.84  80.85  80.84  80.85  18.00 
01/31/2023 78.89  78.89  78.79  78.79  828.00 
01/30/2023 75.00  75.00  75.00  75.00  356.00 
01/27/2023 77.70  77.70  77.70  77.70  200.00 
01/26/2023 80.10  80.10  80.10  80.10  86.00 
01/25/2023 78.13  80.10  78.13  80.10  700.00 
01/24/2023 80.34  82.55  80.34  82.55  400.00 
01/23/2023 79.50  79.50  78.39  78.39  1,100 
01/20/2023 79.07  79.07  79.07  79.07  100.00 
01/19/2023 78.10  78.10  78.10  78.10  24.00 
01/18/2023 78.10  78.10  78.10  78.10  115.00 
01/17/2023 78.10  78.10  78.10  78.10  275.00 
01/13/2023 78.10  78.10  78.10  78.10  25.00 
01/12/2023 78.10  78.10  78.10  78.10  85.00 
01/11/2023 78.00  78.10  78.00  78.10  275.00 
01/10/2023 74.67  74.67  74.67  74.67  62.00 
01/09/2023 74.67  74.67  74.67  74.67  124.00 
01/06/2023 74.67  74.67  74.67  74.67  61.00 
01/05/2023 74.67  74.67  74.67  74.67  40.00 
01/04/2023 74.67  74.67  74.67  74.67  62.00 
01/03/2023 70.60  70.60  70.60  70.60  197.00 
12/30/2022 70.89  70.89  70.89  70.89  100.00 
12/29/2022 72.27  72.62  72.27  72.62  500.00 
12/28/2022 71.33  71.33  71.33  71.33  300.00 
12/27/2022 73.59  73.59  71.23  71.23  400.00 

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 historical 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

1.08 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...

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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.
Check out Investing Opportunities. For more information on how to buy Formula Stock please use our How to Invest in Formula Systems guide. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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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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
5.61
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.