# Formula Stock Technical Analysis

FORTY Stock | USD 72.21 0.32 0.45% |

As of the 22nd of September, Formula Systems shows the Variance of 6.4, mean deviation of 1.54, and Standard Deviation of 2.53. Formula Systems 1985 technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Formula Systems 1985, which can be compared to its rivals. Please confirm Formula Systems 1985 standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Formula Systems 1985 is priced favorably, providing market reflects its regular price of 72.21 per share. Given that Formula Systems has information ratio of (0.041101), we urge you to verify Formula Systems 1985's prevailing market performance to make sure the company can sustain itself at a future point.

### Formula Systems Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Formula, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FormulaFormula |

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.

## Formula Systems 1985 Technical Analysis

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Formula Systems 1985 volatility. High ATR values indicate high volatility, and low values indicate low volatility. .

## Formula Systems 1985 Trend Analysis

Use this graph to draw trend lines for Formula Systems 1985. You can use it to identify possible trend reversals for Formula Systems as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Formula Systems price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.## Formula Systems Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Formula Systems 1985 applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Formula Systems 1985 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 12.81, which is the sum of squared deviations for the predicted Formula Systems price change compared to its average price change.## About Formula Systems Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Formula Systems 1985 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Formula Systems 1985 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Formula Systems 1985 price pattern first instead of the macroeconomic environment surrounding Formula Systems 1985. By analyzing Formula Systems's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Formula Systems's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Formula Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.

2020 | 2021 | 2022 | 2023 (projected) | |

Book Value per Share | 32.92 | 35.38 | 36.08 | 34.41 |

Asset Turnover | 0.86 | 0.93 | 0.94 | 1.0 |

## Formula Systems September 22, 2023 Technical Indicators

Most technical analysis of Formula help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Formula from various momentum indicators to cycle indicators. When you analyze Formula charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

Risk Adjusted Performance | (0.017924) | |||

Market Risk Adjusted Performance | 0.693 | |||

Mean Deviation | 1.54 | |||

Coefficient Of Variation | (2,370) | |||

Standard Deviation | 2.53 | |||

Variance | 6.4 | |||

Information Ratio | (0.041101) | |||

Jensen Alpha | (0.12) | |||

Total Risk Alpha | (0.06) | |||

Treynor Ratio | 0.683 | |||

Maximum Drawdown | 13.25 | |||

Value At Risk | (5.34) | |||

Potential Upside | 4.67 | |||

Skewness | (0.29) | |||

Kurtosis | 1.5 |

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 non-hispanic. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

## 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.

Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |

Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |

Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |

Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |

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 | |

Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |

Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |

ETF Directory Find actively traded Exchange Traded Funds (ETF) from around the world | |

Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |

Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |

Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |

Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |

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(0.48) | Earnings Share4.14 | Revenue Per Share170.63 | Quarterly Revenue Growth0.017 | Return On Assets0.0559 |

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.