Formula Systems 1985 Stock Price on December 4, 2024
| FORTY Stock | USD 84.55 5.47 6.08% |
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 84.55, as last reported on the 29th of December, with the highest price reaching 84.55 and the lowest price hitting 84.55 during the day.
If you're considering investing in Formula Stock, it is important to understand the factors that can impact its price. At this stage we consider Formula Stock to be very steady. Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of 0.0432, which denotes the company had a 0.0432% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Formula Systems 1985, which you can use to evaluate the volatility of the firm. Please confirm Formula Systems' Downside Deviation of 4.34, mean deviation of 1.91, and Coefficient Of Variation of 1561.8 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Formula Systems' Liabilities And Stockholders Equity is fairly stable compared to the past year. Capital Stock is likely to rise to about 4.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 325.3 M in 2024. . Price To Sales Ratio is likely to drop to 0.33 in 2024. Price Earnings Ratio is likely to drop to 15.79 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 77.3951 | 50 Day MA 79.5674 | Beta 0.446 |
Formula |
Sharpe Ratio = 0.0432
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| Cash | Small Risk | FORTY | High Risk | Huge Risk |
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Formula Systems is performing at about 3% 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 2.1684 | Enterprise Value Ebitda 5.6398 | Price Sales 0.5378 | Shares Float 9.5 M | Dividend Share 1.271 |
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Formula Systems Valuation on December 4, 2024
It is possible to determine the worth of Formula Systems on a given historical date. On December 4, 2024 Formula was worth 89.44 at the beginning of the trading date compared to the closed value of 89.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Formula Systems stock. Still, in general, we apply an absolute valuation method to find Formula Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Formula Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Formula Systems' related companies.
| Open | High | Low | Close | Volume | |
| 89.30 | 89.30 | 89.30 | 89.30 | 378.00 | |
12/04/2024 | 89.44 | 89.44 | 89.44 | 89.44 | 93.00 |
| 89.44 | 89.44 | 89.44 | 89.44 | 7.00 |
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Formula Systems Trading Date Momentum on December 4, 2024
| On December 05 2024 Formula Systems 1985 was traded for 89.44 at the closing time. The highest daily price throughout the period was 89.44 and the lowest price was 89.44 . The daily volume was 7.0. The net trading volume on 12/05/2024 did not affect price variability. The overall trading delta to current closing price is 4.51% . |
Formula Systems 1985 Fundamentals Correlations and Trends
By evaluating Formula Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Formula financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 |
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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
Low | December 29, 2024
| High |
0.00 | 0.00 |
Formula Systems 1985 cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Formula Systems December 29, 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 | 0.0585 | |||
| Jensen Alpha | 0.1953 | |||
| Total Risk Alpha | 0.102 | |||
| Sortino Ratio | 0.0382 | |||
| Treynor Ratio | (0.58) |
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Additional 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.