Formula (Israel) Technical Analysis
| FORTY Stock | ILS 50,890 1,440 2.91% |
As of the 3rd of February, Formula shows the Downside Deviation of 1.58, mean deviation of 1.42, and Coefficient Of Variation of 1174.03. Formula 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.
Formula 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 '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's 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.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in Formula on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Formula or generate 0.0% return on investment in Formula over 90 days. Formula is related to or competes with Hilan, Matrix, One Software, Magic Software, Malam Team, Computer Direct, and E M. Formula Systems Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and softwar... More
Formula 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's 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.054 | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 3.62 |
Formula Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formula's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formula's standard deviation. In reality, there are many statistical measures that can use Formula historical prices to predict the future Formula's volatility.| Risk Adjusted Performance | 0.0683 | |||
| Jensen Alpha | 0.1318 | |||
| Total Risk Alpha | 0.0307 | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.6099 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Formula's 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 February 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0683 | |||
| Market Risk Adjusted Performance | 0.6199 | |||
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.58 | |||
| Coefficient Of Variation | 1174.03 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.21 | |||
| Information Ratio | 0.054 | |||
| Jensen Alpha | 0.1318 | |||
| Total Risk Alpha | 0.0307 | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.6099 | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 3.62 | |||
| Downside Variance | 2.48 | |||
| Semi Variance | 2.25 | |||
| Expected Short fall | (1.66) | |||
| Skewness | 0.2034 | |||
| Kurtosis | 0.355 |
Formula Backtested Returns
Currently, Formula is very steady. Formula secures Sharpe Ratio (or Efficiency) of 0.0915, which denotes the company had a 0.0915 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Formula, which you can use to evaluate the volatility of the firm. Please confirm Formula's Coefficient Of Variation of 1174.03, mean deviation of 1.42, and Downside Deviation of 1.58 to check if the risk estimate we provide is consistent with the expected return of 0.15%. Formula has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Formula's returns are expected to increase less than the market. However, during the bear market, the loss of holding Formula is expected to be smaller as well. Formula right now shows a risk of 1.67%. Please confirm Formula expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Formula will be following its price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Formula has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Formula time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. 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 price movement. The serial correlation of -0.77 indicates that around 77.0% of current Formula price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 2.9 M |
Formula 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 Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Formula across different markets.
About Formula 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 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 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Formula price pattern first instead of the macroeconomic environment surrounding Formula. By analyzing Formula'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Formula February 3, 2026 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 | 0.0683 | |||
| Market Risk Adjusted Performance | 0.6199 | |||
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.58 | |||
| Coefficient Of Variation | 1174.03 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.21 | |||
| Information Ratio | 0.054 | |||
| Jensen Alpha | 0.1318 | |||
| Total Risk Alpha | 0.0307 | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.6099 | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 3.62 | |||
| Downside Variance | 2.48 | |||
| Semi Variance | 2.25 | |||
| Expected Short fall | (1.66) | |||
| Skewness | 0.2034 | |||
| Kurtosis | 0.355 |
Formula February 3, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Formula stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 634.03 | ||
| Daily Balance Of Power | 0.65 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 49,785 | ||
| Day Typical Price | 50,153 | ||
| Price Action Indicator | 1,825 | ||
| Market Facilitation Index | 0.15 |
Additional Tools for Formula Stock Analysis
When running Formula's price analysis, check to measure Formula's 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 is operating at the current time. Most of Formula's value examination focuses on studying past and present price action to predict the probability of Formula's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula's price. Additionally, you may evaluate how the addition of Formula to your portfolios can decrease your overall portfolio volatility.