The Tjx Companies Stock Technical Analysis
| TJX Stock | USD 92.66 0.47 0.50% |
As of the 19th of April, T.J. Maxx has the Variance of 0.9743, coefficient of variation of (2,375), and Risk Adjusted Performance of (0.02). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TJX Companies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down thirteen technical drivers for The TJX Companies, which can be compared to its competition. Please validate TJX Companies coefficient of variation and value at risk to decide if T.J. Maxx is priced more or less accurately, providing market reflects its prevalent price of 92.66 per share. Given that TJX Companies has information ratio of (0.11), we advise you to double-check The TJX Companies's current market performance to make sure the company can sustain itself at a future point.
T.J. Maxx Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as T.J., fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to T.J.T.J. |
T.J. Maxx Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 99.95 | Strong Buy | 26 | Odds |
Most T.J. analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand T.J. stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TJX Companies, talking to its executives and customers, or listening to T.J. conference calls.
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.
TJX Companies Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TJX Companies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TJX Companies Trend Analysis
Use this graph to draw trend lines for The TJX Companies. You can use it to identify possible trend reversals for T.J. Maxx as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual T.J. Maxx price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.T.J. Maxx Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The TJX Companies applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in The TJX Companies will continue to fail. It has 122 observation points and a regression sum of squares at 13.38, which is the sum of squared deviations for the predicted T.J. Maxx price change compared to its average price change.About T.J. Maxx Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The TJX Companies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The TJX Companies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TJX Companies price pattern first instead of the macroeconomic environment surrounding TJX Companies. By analyzing T.J. Maxx's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of T.J. Maxx's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to T.J. Maxx specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.009738 | 0.015 | 0.0133 | 0.0103 | Price To Sales Ratio | 1.47 | 1.71 | 2.06 | 1.55 |
T.J. Maxx April 19, 2024 Technical Indicators
Most technical analysis of T.J. help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for T.J. from various momentum indicators to cycle indicators. When you analyze T.J. charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.798 | |||
| Coefficient Of Variation | (2,375) | |||
| Standard Deviation | 0.9871 | |||
| Variance | 0.9743 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.3 | |||
| Skewness | (0.10) | |||
| Kurtosis | (0.15) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for T.J. Stock analysis
When running T.J. Maxx's 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 the 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. 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 0.368 | Dividend Share 1.33 | Earnings Share 3.86 | Revenue Per Share 47.31 | Quarterly Revenue Growth 0.13 |
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. 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 if T.J. Maxx is a good investment 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.