Tomi Environmental Solutions Stock Market Value
| TOMZ Stock | USD 0.72 0.03 4.00% |
| Symbol | TOMI |
TOMI Environmental Price To Book Ratio
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TOMI Environmental. If investors know TOMI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TOMI Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share 0.411 | Quarterly Revenue Growth 0.729 | Return On Assets (0.11) | Return On Equity (0.29) |
The market value of TOMI Environmental is measured differently than its book value, which is the value of TOMI that is recorded on the company's balance sheet. Investors also form their own opinion of TOMI Environmental's value that differs from its market value or its book value, called intrinsic value, which is TOMI Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TOMI Environmental's market value can be influenced by many factors that don't directly affect TOMI Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TOMI Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if TOMI Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOMI Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TOMI Environmental '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 TOMI Environmental'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 TOMI Environmental.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in TOMI Environmental on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding TOMI Environmental Solutions or generate 0.0% return on investment in TOMI Environmental over 270 days. TOMI Environmental is related to or competes with Genpact, Broadridge Financial, First Advantage, Franklin Covey, Kingsoft Cloud, Mistras, and NL Industries. TOMI Environmental Solutions, Inc., a bacteria decontamination and infectious disease control company, provides environm... More
TOMI Environmental 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 TOMI Environmental'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 TOMI Environmental Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 21.76 | |||
| Value At Risk | (6.32) | |||
| Potential Upside | 7.79 |
TOMI Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOMI Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOMI Environmental's standard deviation. In reality, there are many statistical measures that can use TOMI Environmental historical prices to predict the future TOMI Environmental's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (2.40) |
TOMI Environmental Backtested Returns
TOMI Environmental owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0611, which indicates the firm had a -0.0611% return per unit of standard deviation over the last 3 months. TOMI Environmental Solutions exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOMI Environmental's variance of 18.36, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOMI Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOMI Environmental is expected to be smaller as well. At this point, TOMI Environmental has a negative expected return of -0.26%. Please make sure to validate TOMI Environmental's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if TOMI Environmental performance from the past will be repeated at some future point.
Auto-correlation | 0.20 |
Weak predictability
TOMI Environmental Solutions has weak predictability. Overlapping area represents the amount of predictability between TOMI Environmental time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TOMI Environmental price movement. The serial correlation of 0.2 indicates that over 20.0% of current TOMI Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TOMI Environmental lagged returns against current returns
Autocorrelation, which is TOMI Environmental stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TOMI Environmental's stock expected returns. We can calculate the autocorrelation of TOMI Environmental returns to help us make a trade decision. For example, suppose you find that TOMI Environmental has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TOMI Environmental regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TOMI Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOMI Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOMI Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
TOMI Environmental Lagged Returns
When evaluating TOMI Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOMI Environmental stock have on its future price. TOMI Environmental autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TOMI Environmental autocorrelation shows the relationship between TOMI Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in TOMI Environmental Solutions.
Regressed Prices |
| Timeline |
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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.