T.J. Maxx Stock Forecast - Day Typical Price

TJX
 Stock
  

USD 62.12  0.78  1.27%   

T.J. Maxx Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast T.J. Maxx historical stock prices and determine the direction of TJX Companies's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of T.J. Maxx historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, take a look at Historical Fundamental Analysis of T.J. Maxx to cross-verify your projections.
  

Open Interest Agains t 2022-10-07 T.J. Maxx Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast T.J. Maxx's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest T.J. Maxx's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies T.J. Maxx stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current T.J. Maxx's open interest, investors have to compare it to T.J. Maxx's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of T.J. Maxx is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in T.J. Maxx. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
TJX Companies has current Day Typical Price of 61.76.
Most investors in T.J. Maxx cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the T.J. Maxx's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets T.J. Maxx's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
  Previous Day Typical PriceDay Typical PriceTrend
061.76
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T.J. Maxx Trading Date Momentum

On October 02 2022 TJX Companies was traded for  62.12  at the closing time. Highest T.J. Maxx's price during the trading hours was 63.37  and the lowest price during the day was  59.78 . The net volume was 8.3 M. The overall trading history on the 2nd of October did not result in any price rise and fall. The trading price change to current price is 2.12% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for T.J. Maxx

For every potential investor in T.J. Maxx, whether a beginner or expert, T.J. Maxx's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. T.J. Maxx Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in T.J. Maxx. Basic forecasting techniques help filter out the noise by identifying T.J. Maxx's price trends.

T.J. Maxx 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 T.J. Maxx stock to make a market-neutral strategy. Peer analysis of T.J. Maxx could also be used in its relative valuation, which is a method of valuing T.J. Maxx by comparing valuation metrics with similar companies.
Amazon IncAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

TJX Companies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of T.J. Maxx's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of T.J. Maxx's current price.

T.J. Maxx Market Strength Events

Market strength indicators help investors to evaluate how T.J. Maxx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading T.J. Maxx shares will generate the highest return on investment. By undertsting and applying T.J. Maxx stock market strength indicators, traders can identify TJX Companies entry and exit signals to maximize returns.

T.J. Maxx Risk Indicators

The analysis of T.J. Maxx's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in T.J. Maxx's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting T.J. Maxx stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in T.J. Maxx without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Historical Fundamental Analysis of T.J. Maxx to cross-verify your projections. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is T.J. Maxx's industry 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 T.J. Maxx. If investors know T.J. Maxx 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 T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx'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 T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx'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 T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx'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.