Tomi Environmental Solutions Stock Probability of Future Stock Price Finishing Under 0.66
| TOMZ Stock | USD 0.73 0.01 1.39% |
TOMI |
TOMI Environmental Target Price Odds to finish below 0.66
The tendency of TOMI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.66 or more in 90 days |
| 0.73 | 90 days | 0.66 | about 1.48 |
Based on a normal probability distribution, the odds of TOMI Environmental to drop to $ 0.66 or more in 90 days from now is about 1.48 (This TOMI Environmental Solutions probability density function shows the probability of TOMI Stock to fall within a particular range of prices over 90 days) . Probability of TOMI Environmental price to stay between $ 0.66 and its current price of $0.73 at the end of the 90-day period is about 14.32 .
Given the investment horizon of 90 days TOMI Environmental Solutions has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding TOMI Environmental are expected to decrease at a much lower rate. During a bear market, however, TOMI Environmental Solutions is likely to outperform the market. Additionally TOMI Environmental Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. TOMI Environmental Price Density |
| Price |
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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TOMI Environmental is not an exception. The market had few large corrections towards the TOMI Environmental's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TOMI Environmental Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TOMI Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.05 |
TOMI Environmental Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TOMI Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TOMI Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TOMI Environmental has some characteristics of a very speculative penny stock | |
| TOMI Environmental had very high historical volatility over the last 90 days | |
| TOMI Environmental has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.35 M. Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 5.06 M. | |
| TOMI Environmental Solutions currently holds about 4.8 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| TOMI Environmental has a frail financial position based on the latest SEC disclosures | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Bonneville School District No. 93 Enhances Safety of Students and Staff with TOMIs SteraPaks |
TOMI Environmental Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TOMI Stock often depends not only on the future outlook of the current and 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 | 19.8 M | |
| Cash And Short Term Investments | 2.3 M |
TOMI Environmental Technical Analysis
TOMI Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. TOMI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TOMI Environmental Solutions. In general, you should focus on analyzing TOMI Stock price patterns and their correlations with different microeconomic environments and drivers.
TOMI Environmental Predictive Forecast Models
TOMI Environmental's time-series forecasting models is one of many TOMI Environmental's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TOMI Environmental's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about TOMI Environmental
Checking the ongoing alerts about TOMI Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TOMI Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TOMI Environmental has some characteristics of a very speculative penny stock | |
| TOMI Environmental had very high historical volatility over the last 90 days | |
| TOMI Environmental has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.35 M. Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 5.06 M. | |
| TOMI Environmental Solutions currently holds about 4.8 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| TOMI Environmental has a frail financial position based on the latest SEC disclosures | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Bonneville School District No. 93 Enhances Safety of Students and Staff with TOMIs SteraPaks |
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.