Formula Systems 1985 Stock Market Value
| FORTY Stock | USD 89.37 1.59 1.81% |
| Symbol | Formula |
Is IT Consulting & Other Services space 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.
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.
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.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Formula Systems on December 19, 2024 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 CSP, Nayax, Information Services, and Hackett. 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.
| Downside Deviation | 3.74 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 15.56 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 5.26 |
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 | 0.0697 | |||
| Jensen Alpha | 0.2152 | |||
| Total Risk Alpha | 0.1424 | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | (1.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Formula Systems 1985 Backtested Returns
Formula Systems appears to be very steady, given 3 months investment horizon. Formula Systems 1985 secures Sharpe Ratio (or Efficiency) of 0.0748, which denotes the company had a 0.0748% 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 utilize Formula Systems' Coefficient Of Variation of 1337.56, downside deviation of 3.74, and Mean Deviation of 1.92 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Formula Systems holds a performance score of 5. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Formula Systems are expected to decrease at a much lower rate. During the bear market, Formula Systems is likely to outperform the market. Please check Formula Systems' treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to make a quick decision on whether Formula Systems' price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Formula Systems 1985 has weak reverse predictability. Overlapping area represents the amount of predictability between Formula Systems time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. 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 -0.3 indicates that nearly 30.0% of current Formula Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 4.88 |
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 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 price 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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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.