T.J. Maxx Stock Market Value

TJX
 Stock
  

USD 80.19  0.45  0.56%   

T.J. Maxx's market value is the price at which a share of T.J. Maxx stock trades on a public exchange. It measures the collective expectations of The TJX Companies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of The TJX Companies and determine expected loss or profit from investing in T.J. Maxx over a given investment horizon. Additionally, take a look at T.J. Maxx Correlation, T.J. Maxx Volatility and T.J. Maxx Alpha and Beta module to complement your research on T.J. Maxx.
Symbol


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.
Quarterly Earnings Growth YOY
0.079
Market Capitalization
93.1 B
Quarterly Revenue Growth YOY
(0.029) 
Return On Assets
0.0976
Return On Equity
0.56
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.

T.J. Maxx '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 T.J. Maxx'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 T.J. Maxx.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in T.J. Maxx on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding The TJX Companies or generate 0.0% return on investment in T.J. Maxx over 30 days. T.J. Maxx is related to or competes with Anheuser Busch, Etsy, Anheuser-Busch InBev, Linde PLC, Disney, Coca Cola, and Cisco Systems. The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer More

T.J. Maxx 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 T.J. Maxx'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 The TJX Companies upside and downside potential and time the market with a certain degree of confidence.

T.J. Maxx Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for T.J. Maxx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as T.J. Maxx's standard deviation. In reality, there are many statistical measures that can use T.J. Maxx historical prices to predict the future T.J. Maxx's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of T.J. Maxx's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of T.J. Maxx in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
78.0279.8781.72
Details
Intrinsic
Valuation
LowReal ValueHigh
72.1787.1589.00
Details
17 Analysts
Consensus
LowTarget PriceHigh
65.0085.47102.00
Details
Earnings
Estimates (8)
LowProjected EPSHigh
2.802.933.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as T.J. Maxx. Your research has to be compared to or analyzed against T.J. Maxx's peers to derive any actionable benefits. When done correctly, T.J. Maxx's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in TJX Companies.

TJX Companies Backtested Returns

T.J. Maxx appears to be very steady, given 3 months investment horizon. TJX Companies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had 0.22% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for The TJX Companies, which you can use to evaluate the future volatility of the company. Please review T.J. Maxx's Risk Adjusted Performance of 0.3254, semi deviation of 1.11, and Coefficient Of Variation of 456.18 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, T.J. Maxx holds a performance score of 16. The entity has a beta of 0.9255, which indicates possible diversification benefits within a given portfolio. Let's try to break down what T.J. Maxx's beta means in this case. T.J. Maxx returns are very sensitive to returns on the market. As the market goes up or down, T.J. Maxx is expected to follow. Although it is vital to follow TJX Companies current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting TJX Companies technical indicators, you can presently evaluate if the expected return of 0.4% will be sustainable into the future. Please operates T.J. Maxx sortino ratio, as well as the relationship between the semi variance and rate of daily change to make a quick decision on whether TJX Companies existing price patterns will revert.

Auto-correlation

    
  0.17  

Very weak predictability

The TJX Companies has very weak predictability. Overlapping area represents the amount of predictability between T.J. Maxx time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TJX Companies price movement. The serial correlation of 0.17 indicates that over 17.0% of current T.J. Maxx price fluctuation can be explain by its past prices.
Correlation Coefficient0.17
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.53

TJX Companies lagged returns against current returns

Autocorrelation, which is T.J. Maxx 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 T.J. Maxx's stock expected returns. We can calculate the autocorrelation of T.J. Maxx returns to help us make a trade decision. For example, suppose you find that T.J. Maxx stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

T.J. Maxx 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 T.J. Maxx stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if T.J. Maxx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in T.J. Maxx stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

T.J. Maxx Lagged Returns

When evaluating T.J. Maxx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of T.J. Maxx stock have on its future price. T.J. Maxx 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, T.J. Maxx autocorrelation shows the relationship between T.J. Maxx stock current value and its past values and can show if there is a momentum factor associated with investing in The TJX Companies.
   Regressed Prices   
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       Timeline  

T.J. Maxx Investors Sentiment

The influence of T.J. Maxx's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in T.J. Maxx. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to T.J. Maxx's public news can be used to forecast risks associated with investment in T.J. Maxx. The trend in average sentiment can be used to explain how an investor holding T.J. Maxx can time the market purely based on public headlines and social activities around The TJX Companies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
T.J. Maxx's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for T.J. Maxx's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average T.J. Maxx's news discussions. The higher the estimated score, the more favorable is the investor's outlook on T.J. Maxx.

T.J. Maxx Implied Volatility

    
  24.47  
T.J. Maxx's implied volatility exposes the market's sentiment of The TJX Companies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if T.J. Maxx's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that T.J. Maxx stock will not fluctuate a lot when T.J. Maxx's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards T.J. Maxx in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, T.J. Maxx's short interest history, or implied volatility extrapolated from T.J. Maxx options trading.

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Additionally, take a look at T.J. Maxx Correlation, T.J. Maxx Volatility and T.J. Maxx Alpha and Beta module to complement your research on T.J. Maxx. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running TJX Companies price analysis, check to measure T.J. Maxx'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 T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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T.J. Maxx technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of T.J. Maxx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of T.J. Maxx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...