Tomi Environmental Solutions Stock Probability of Future Stock Price Finishing Under 0.76

TOMZ Stock  USD 0.72  0.01  1.37%   
TOMI Environmental's future price is the expected price of TOMI Environmental instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of TOMI Environmental Solutions performance during a given time horizon utilizing its historical volatility. Check out TOMI Environmental Backtesting, TOMI Environmental Valuation, TOMI Environmental Correlation, TOMI Environmental Hype Analysis, TOMI Environmental Volatility, TOMI Environmental History as well as TOMI Environmental Performance.
  
At this time, TOMI Environmental's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 2.52 in 2024, whereas Price To Sales Ratio is likely to drop 2.59 in 2024. Please specify TOMI Environmental's target price for which you would like TOMI Environmental odds to be computed.

TOMI Environmental Target Price Odds to finish below 0.76

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 PriceHorizonTarget PriceOdds to stay under $ 0.76  after 90 days
 0.72 90 days 0.76 
about 30.99
Based on a normal probability distribution, the odds of TOMI Environmental to stay under $ 0.76  after 90 days from now is about 30.99 (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 its current price of $ 0.72  and $ 0.76  at the end of the 90-day period is about 18.58 .
Given the investment horizon of 90 days TOMI Environmental Solutions has a beta of -0.15. 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 an alpha of 0.0186, implying that it can generate a 0.0186 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   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.
Hype
Prediction
LowEstimatedHigh
0.040.724.72
Details
Intrinsic
Valuation
LowRealHigh
0.071.405.40
Details
Naive
Forecast
LowNextHigh
0.020.794.79
Details
1 Analysts
Consensus
LowTargetHigh
3.193.503.89
Details

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
0.02
β
Beta against Dow Jones-0.15
σ
Overall volatility
0.06
Ir
Information ratio -0.03

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 generated a negative expected return over the last 90 days
TOMI Environmental has some characteristics of a very speculative penny stock
TOMI Environmental has high historical volatility and very poor performance
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 Outstanding19.8 M
Cash And Short Term Investments2.3 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 generated a negative expected return over the last 90 days
TOMI Environmental has some characteristics of a very speculative penny stock
TOMI Environmental has high historical volatility and very poor performance
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.