Formula Systems (1985) Ltd. - American Depositary Shares (FORTY)
FORTY moved a median of 0.00% 30 minutes after news, and +0.00% by the close. How FORTY actually reacts to news — the realized, point-in-time move the market made, measured across 74 labeled events over the last three years with zero look-ahead.
FORTY’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | 0.00% | 30% | 10 |
| 30-min | 0.00% | 45% | 20 |
| 60-min | +0.01% | 57% | 23 |
| to close | +0.00% | 50% | 46 |
| Middle 50% of FORTY reactions | 0.00% to +0.74% |
|---|---|
| Median reaction (30-min) | 0.00% |
| Measured reactions | 74 |
Half of all Formula Systems (1985) Ltd. - American Depositary Shares news events land between +0.00% and +0.74% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
Email me when FORTY moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to FORTY's baseline. Nothing else.
Recent FORTY events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 25 | SEC filing · Form 6-K | SEC EDGAR | — | +0.01% | |
| Formula Systems Reports Second Quarter and First Half 2026 Financial Results | Press release | GlobeNewswire | — | +0.01% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Jul 20 | SEC filing · Form 6-K | SEC EDGAR | — | +5.96% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Jun 15 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 28 | SEC filing · Form 6-K | SEC EDGAR | — | +2.94% | |
| Formula Systems Reports First Quarter 2026 Financial Results | Press release | GlobeNewswire | — | +2.94% | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 14 | SEC filing · Form 6-K | SEC EDGAR | +0.41% | +0.41% | |
| Formula Systems Declares a Special Cash Dividend of $200 Million, or $13.045 Per Share, for Year 2025 | Press release | GlobeNewswire | +0.41% | +0.41% | |
| Form 20-F FORMULA SYSTEMS (1985) For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | +0.41% | +0.41% | |
| Form NT 20-F FORMULA SYSTEMS (1985) For: Apr 30 | SEC filing · Form NT | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Mar 26 | SEC filing · Form 6-K | SEC EDGAR | — | +0.74% | |
| Formula Systems Reports Fourth Quarter and Full Year 2025 Financial Results | Press release | GlobeNewswire | — | +0.74% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Nov 20 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Formula Systems Reports Third Quarter and Nine-Months Period Ended September 30, 2025 Financial Results | Press release | GlobeNewswire | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 27 | SEC filing · Form 6-K | SEC EDGAR | — | -1.29% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 19 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Formula Systems Reports Second Quarter and First Half 2025 Financial Results | Press release | GlobeNewswire | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 13 | SEC filing · Form 6-K | SEC EDGAR | — | +0.14% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Jul 22 | SEC filing · Form 6-K | SEC EDGAR | — | -1.08% | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 27 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 22 | SEC filing · Form 6-K | SEC EDGAR | — | -3.74% | |
| Formula Systems Reports First Quarter 2025 Financial Results | Press release | GlobeNewswire | +0.00% | +0.00% | |
| Formula Systems Files Annual Report on Form 20-F for the Year Ended December 31, 2024 | Press release | GlobeNewswire | — | — | |
| Form 20-F FORMULA SYSTEMS (1985) For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | — | — | |
| Form NT 20-F FORMULA SYSTEMS (1985) For: Apr 30 | SEC filing · Form NT | SEC EDGAR | — | -0.06% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Apr 21 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +3.05% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Mar 20 | SEC filing · Form 6-K | SEC EDGAR | — | -0.56% | |
| Formula Systems Reports Fourth Quarter and Full Year 2024 Financial Results | Press release | GlobeNewswire | — | -0.56% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Nov 21 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Formula Systems Reports Financial Results for the Third Quarter and First Nine Months Period Ended September 30, 2024 | Press release | GlobeNewswire | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Sep 19 | SEC filing · Form 6-K | SEC EDGAR | — | +0.73% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Sep 09 | SEC filing · Form 6-K | SEC EDGAR | — | +0.00% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 20 | SEC filing · Form 6-K | SEC EDGAR | — | -1.28% | |
| Formula Systems Reports Second Quarter and First Half 2024 Financial Results | Press release | GlobeNewswire | — | -1.28% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Aug 05 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Publication of Draft Agreement with Trustee for Potential New Israeli Debenture Series | Press release | GlobeNewswire | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Jul 11 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Jun 20 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 28 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 22 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Formula Systems Reports First Quarter 2024 Financial Results | Press release | GlobeNewswire | — | — | |
| Form 20-F FORMULA SYSTEMS (1985) For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | — | +0.24% | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 15 | SEC filing · Form 6-K | SEC EDGAR | — | +0.24% | |
| Formula Systems Announces Filing of 2023 Annual Report | Press release | GlobeNewswire | — | +0.24% | |
| Form 6-K FORMULA SYSTEMS (1985) For: May 09 | SEC filing · Form 6-K | SEC EDGAR | — | +0.00% | |
| Form NT 20-F FORMULA SYSTEMS (1985) For: Apr 29 | SEC filing · Form NT | SEC EDGAR | — | — | |
| Form 6-K FORMULA SYSTEMS (1985) For: Apr 04 | SEC filing · Form 6-K | SEC EDGAR | — | +2.65% | |
| Form 6-K FORMULA SYSTEMS (1985) For: Mar 19 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +0.27% | |
| Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results | Press release | GlobeNewswire | +0.00% | +0.27% | |
| Form 20-F/A FORMULA SYSTEMS (1985) For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | — | +1.91% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the FORTY section they belong to.
Where else FORTY is measured.
FORTY earnings → · Analyst actions → · SEC filings →
Other Technology names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| CLPS Incorporation (CLPS) | 74 | 0.00% | 44% |
| CYTTA CORP (CYCA) | 74 | 0.00% | 29% |
| FRELII INC (FRLI) | 74 | 0.00% | 37% |
| PATRIOT ONE TECHNOLOGIES INC (PAT_CDNX) | 73 | -0.81% | 30% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
All Technology names, measured the same way →
Every ticker we measure the same way24
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Browse all tickers
Every name we’ve measured, in one place.
How the numbers are made.
How is Formula Systems (1985) Ltd. - American Depositary Shares's median reaction calculated?
Every labeled FORTY news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 74 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 45% of FORTY's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does FORTY's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.