T.J. Maxx Stock Performance

TJX
 Stock
  

USD 62.82  0.46  0.73%   

T.J. Maxx has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.86, 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 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 0.13% will be sustainable into the future. TJX Companies presently has a risk of 2.32%. Please validate T.J. Maxx maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price to decide if T.J. Maxx will be following its existing price patterns.
  
T.J. Maxx Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in TJX Companies are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly sluggish forward-looking indicators, T.J. Maxx may actually be approaching a critical reversion point that can send shares even higher in September 2022. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0188
Payout Ratio
0.37
Last Split Factor
2:1
Forward Annual Dividend Rate
1.18
Dividend Date
2022-09-01
Ex Dividend Date
2022-08-10
Last Split Date
2018-11-07

T.J. Maxx Price Channel

Quick Ratio0.49
Fifty Two Week Low53.69
Target High Price95.00
Fifty Two Week High77.35
Payout Ratio37.82%
Trailing Annual Dividend Yield1.69%
Target Low Price60.00

T.J. Maxx Relative Risk vs. Return Landscape

If you would invest  5,883  in TJX Companies on May 9, 2022 and sell it today you would earn a total of  399.00  from holding TJX Companies or generate 6.78% return on investment over 90 days. TJX Companies is generating 0.1289% of daily returns assuming volatility of 2.3183% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than T.J. Maxx, and above 98% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon T.J. Maxx is expected to generate 1.86 times more return on investment than the market. However, the company is 1.86 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

T.J. Maxx Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for T.J. Maxx's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TJX Companies, and traders can use it to determine the average amount a T.J. Maxx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0556

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Estimated Market Risk
 2.32
  actual daily
 
 20 %
of total potential
 
2020
Expected Return
 0.13
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average T.J. Maxx is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of T.J. Maxx by adding it to a well-diversified portfolio.

About T.J. Maxx Performance

To evaluate TJX Companies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when T.J. Maxx generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare T.J. Maxx Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand TJX Companies stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents T.J. Maxx's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-172.7 M-177.2 M
Return on Investment 42.43  55.32 
Return on Average Assets 11.08  16.76 
Return on Average Equity 55.47  56.65 
Return on Invested Capital 0.54  0.48 
Return on Sales 0.11  0.1 
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts. T.J. Maxx operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 340000 people.

Things to note about TJX Companies

Checking the ongoing alerts about T.J. Maxx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TJX Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

T.J. Maxx Alerts

Equity Alerts and Improvement Suggestions

TJX Companies has a strong financial position based on the latest SEC filings
Over 93.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Exercise or conversion by Zein Abdalla of 1308 shares of T.J. Maxx subject to Rule 16b-3
Additionally, take a look at World Market Map. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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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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.