T.J. Maxx Stock Market Value

TJX
 Stock
  

USD 63.68  0.86  1.37%   

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 TJX Companies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of 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 Hype Analysis, T.J. Maxx Correlation, T.J. Maxx Valuation, T.J. Maxx Volatility, as well as analyze T.J. Maxx Alpha and Beta and T.J. Maxx Performance.
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
0.11
Market Capitalization
73.6 B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.1
Return On Equity
0.57
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
11/11/2021
No Change 0.00  0.0 
In 8 months and 28 days
08/08/2022
0.00
If you would invest  0.00  in T.J. Maxx on November 11, 2021 and sell it all today you would earn a total of 0.00 from holding TJX Companies or generate 0.0% return on investment in T.J. Maxx over 270 days. T.J. Maxx is related to or competes with Fast Retailing, Lululemon Athletica, and Barclays Plc. The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailerMore

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 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
61.3563.6265.89
Details
Intrinsic
Valuation
LowReal ValueHigh
57.3173.5975.86
Details
Naive
Forecast
LowNext ValueHigh
59.4761.7464.01
Details
17 Analysts
Consensus
LowTarget PriceHigh
65.0085.47102.00
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 0.1, which indicates the firm had 0.1% of return per unit of risk over the last 3 months. Our approach into 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-one technical indicators for TJX Companies, which you can use to evaluate the future volatility of the company. Please review T.J. Maxx's Coefficient Of Variation of 9004.35, risk adjusted performance of 0.019, and Semi Deviation of 2.23 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 7. The entity has a beta of 0.8404, 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. As returns on the market increase, T.J. Maxx returns are expected to increase less than the market. However, during the bear market, the loss on holding T.J. Maxx will be expected to be smaller as well. Although it is important to respect TJX Companies current price movements, it is better to be realistic regarding the information on the equity's historical returns. The approach into 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 evaluating TJX Companies technical indicators, you can currently evaluate if the expected return of 0.24% will be sustainable into the future. Please operates T.J. Maxx market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to make a quick decision on whether TJX Companies existing price patterns will revert.

Auto-correlation

    
  -0.23  

Weak reverse predictability

TJX Companies has weak reverse predictability. Overlapping area represents the amount of predictability between T.J. Maxx time series from 11th of November 2021 to 26th of March 2022 and 26th of March 2022 to 8th of August 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 -0.23 indicates that over 23.0% of current T.J. Maxx price fluctuation can be explain by its past prices.
Correlation Coefficient-0.23
Spearman Rank Test0.06
Residual Average0.0
Price Variance6.56

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   
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       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 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 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 estimate score, the more favorable is the investor's outlook on T.J. Maxx.

T.J. Maxx Implied Volatility

    
  27.09  
T.J. Maxx's implied volatility exposes the market's sentiment of 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 Hype Analysis, T.J. Maxx Correlation, T.J. Maxx Valuation, T.J. Maxx Volatility, as well as analyze T.J. Maxx Alpha and Beta and T.J. Maxx Performance. Note that the TJX Companies information on this page should be used as a complementary analysis to other T.J. Maxx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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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...