TOMI Environmental Stock Forecast - Simple Exponential Smoothing
| TOMZ Stock | USD 0.74 0.02 2.63% |
The Simple Exponential Smoothing forecasted value of TOMI Environmental Solutions on the next trading day is expected to be 0.74 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.06. TOMI Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of TOMI Environmental's share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
EPS Estimate Next Quarter (0.02) | EPS Estimate Current Year (0.12) | EPS Estimate Next Year (0.08) | Wall Street Target Price 3.5 | EPS Estimate Current Quarter (0.01) |
Using TOMI Environmental hype-based prediction, you can estimate the value of TOMI Environmental Solutions from the perspective of TOMI Environmental response to recently generated media hype and the effects of current headlines on its competitors.
TOMI Environmental Hype to Price Pattern
Investor biases related to TOMI Environmental's public news can be used to forecast risks associated with an investment in TOMI. The trend in average sentiment can be used to explain how an investor holding TOMI can time the market purely based on public headlines and social activities around TOMI Environmental Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
The Simple Exponential Smoothing forecasted value of TOMI Environmental Solutions on the next trading day is expected to be 0.74 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.06.
TOMI Environmental after-hype prediction price | USD 0.74 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of TOMI Environmental to cross-verify your projections. TOMI Environmental Additional Predictive Modules
Most predictive techniques to examine TOMI price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TOMI using various technical indicators. When you analyze TOMI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Overlap Studies | ||
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TOMI Environmental Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TOMI Environmental Solutions on the next trading day is expected to be 0.74 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 1.06.Please note that although there have been many attempts to predict TOMI Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that TOMI Environmental's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TOMI Environmental Stock Forecast Pattern
| Backtest TOMI Environmental | TOMI Environmental Price Prediction | Buy or Sell Advice |
TOMI Environmental Forecasted Value
In the context of forecasting TOMI Environmental's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. TOMI Environmental's downside and upside margins for the forecasting period are 0.01 and 3.58, respectively. We have considered TOMI Environmental's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of TOMI Environmental stock data series using in forecasting. Note that when a statistical model is used to represent TOMI Environmental stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 110.6064 |
| Bias | Arithmetic mean of the errors | 0.003 |
| MAD | Mean absolute deviation | 0.0174 |
| MAPE | Mean absolute percentage error | 0.0214 |
| SAE | Sum of the absolute errors | 1.06 |
Predictive Modules for TOMI Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TOMI Environmental. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.TOMI Environmental After-Hype Price Prediction Density Analysis
As far as predicting the price of TOMI Environmental at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in TOMI Environmental or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of TOMI Environmental, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TOMI Environmental Estimiated After-Hype Price Volatility
In the context of predicting TOMI Environmental's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TOMI Environmental's historical news coverage. TOMI Environmental's after-hype downside and upside margins for the prediction period are 0.04 and 3.58, respectively. We have considered TOMI Environmental's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
TOMI Environmental is extremely dangerous at this time. Analysis and calculation of next after-hype price of TOMI Environmental is based on 3 months time horizon.
TOMI Environmental Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as TOMI Environmental is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TOMI Environmental backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with TOMI Environmental, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.32 | 2.84 | 0.05 | 0.01 | 19 Events / Month | 5 Events / Month | In about 19 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.74 | 0.74 | 0.00 |
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TOMI Environmental Hype Timeline
TOMI Environmental is at this time traded for 0.74. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.01. TOMI is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at -0.32%. %. The volatility of related hype on TOMI Environmental is about 11360.0%, with the expected price after the next announcement by competition of 0.75. About 36.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.26. TOMI Environmental last dividend was issued on the 15th of September 2020. The entity had 1:8 split on the 15th of September 2020. Given the investment horizon of 90 days the next expected press release will be in about 19 days. Check out Historical Fundamental Analysis of TOMI Environmental to cross-verify your projections.TOMI Environmental Related Hype Analysis
Having access to credible news sources related to TOMI Environmental's direct competition is more important than ever and may enhance your ability to predict TOMI Environmental's future price movements. Getting to know how TOMI Environmental's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how TOMI Environmental may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CJMB | Callan JMB Common | (0.15) | 10 per month | 8.25 | 0.05 | 7.14 | (16.18) | 293.21 | |
| GTEC | Greenland Acquisition Corp | (0.01) | 9 per month | 8.04 | 0.04 | 19.23 | (13.33) | 49.17 | |
| MTEN | Mingteng International | (0.03) | 10 per month | 0.00 | (0.37) | 11.11 | (40.77) | 105.00 | |
| LIQT | LiqTech International | 0.35 | 5 per month | 0.00 | (0.07) | 7.98 | (7.66) | 21.94 | |
| HCAI | Huachen AI Parking | (0.04) | 8 per month | 0.00 | (0.16) | 7.89 | (7.89) | 23.66 | |
| CTRM | Castor Maritime | (0.07) | 7 per month | 2.72 | (0.01) | 6.25 | (4.98) | 18.43 | |
| WFF | WF Holding Limited | 0.04 | 8 per month | 0.00 | (0.11) | 10.91 | (8.47) | 63.23 | |
| EHLD | Euroholdings | 0.12 | 7 per month | 0.00 | (0.08) | 2.74 | (2.53) | 9.31 | |
| CAPT | Captivision Ordinary Shares | 0.05 | 4 per month | 9.29 | 0.02 | 22.86 | (17.11) | 57.58 | |
| GFAI | Guardforce AI Co | (0.01) | 7 per month | 0.00 | (0.16) | 9.76 | (9.23) | 25.97 |
Other Forecasting Options for TOMI Environmental
For every potential investor in TOMI, whether a beginner or expert, TOMI Environmental's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TOMI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TOMI. Basic forecasting techniques help filter out the noise by identifying TOMI Environmental's price trends.TOMI Environmental Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TOMI Environmental stock to make a market-neutral strategy. Peer analysis of TOMI Environmental could also be used in its relative valuation, which is a method of valuing TOMI Environmental by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TOMI Environmental Market Strength Events
Market strength indicators help investors to evaluate how TOMI Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOMI Environmental shares will generate the highest return on investment. By undertsting and applying TOMI Environmental stock market strength indicators, traders can identify TOMI Environmental Solutions entry and exit signals to maximize returns.
| Accumulation Distribution | 659.32 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.75 | |||
| Day Typical Price | 0.75 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.02) |
TOMI Environmental Risk Indicators
The analysis of TOMI Environmental's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TOMI Environmental's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tomi stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.11 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.66 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for TOMI Environmental
The number of cover stories for TOMI Environmental depends on current market conditions and TOMI Environmental's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TOMI Environmental is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about TOMI Environmental's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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TOMI Environmental Short Properties
TOMI Environmental's future price predictability will typically decrease when TOMI Environmental's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TOMI Environmental Solutions often depends not only on the future outlook of the potential TOMI Environmental's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TOMI Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20 M | |
| Cash And Short Term Investments | 664.9 K |
Additional Tools for TOMI Stock Analysis
When running TOMI Environmental's price analysis, check to measure TOMI Environmental'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 TOMI Environmental is operating at the current time. Most of TOMI Environmental's value examination focuses on studying past and present price action to predict the probability of TOMI Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOMI Environmental's price. Additionally, you may evaluate how the addition of TOMI Environmental to your portfolios can decrease your overall portfolio volatility.