TOMZ Stock | | | USD 0.75 0.01 1.32% |
TOMI Environmental financial indicator trend analysis is much more than just breaking down TOMI Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TOMI Environmental is a good investment. Please check the relationship between TOMI Environmental Net Income From Continuing Ops and its Ebit accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Net Income From Continuing Ops vs Ebit
Net Income From Continuing Ops vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TOMI Environmental Net Income From Continuing Ops account and
Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between TOMI Environmental's Net Income From Continuing Ops and Ebit is 0.64. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebit in the same time period over historical financial statements of TOMI Environmental Solutions, assuming nothing else is changed. The correlation between historical values of TOMI Environmental's Net Income From Continuing Ops and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of TOMI Environmental Solutions are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income From Continuing Ops i.e., TOMI Environmental's Net Income From Continuing Ops and Ebit go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
Ebit
Most indicators from TOMI Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TOMI Environmental current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, TOMI Environmental's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Sales General And Administrative To Revenue is likely to drop 0.70 in 2024.
TOMI Environmental fundamental ratios Correlations
Click cells to compare fundamentals
TOMI Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TOMI Environmental fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.