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.
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.
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 twentyeight 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.
Formula 
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 Price  January 24, 2023  82.55 
Lowest Price  March 16, 2023  63.7 
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
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 20221202.Open  High  Low  Close  Volume  
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 marketrelated 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 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 

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.
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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 shortterm horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a shortterm horizon, predictive indicators add value when properly applied. Longterm investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance  (0.02006)  
Jensen Alpha  (0.06)  
Total Risk Alpha  0.0227  
Treynor Ratio  (0.16) 
Cycle Indicators  
Math Operators  
Math Transform  
Momentum Indicators  
Overlap Studies  
Pattern Recognition  
Price Transform  
Statistic Functions  
Volatility Indicators  
Volume Indicators 
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.