T.J. Maxx Story

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TJX -- USA Stock  

USD 66.63  0.72  1.09%

Considering the 60-days investment horizon, T.J. Maxx is expected to generate 2.02 times more return on investment than the market. However, the company is 2.02 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk. Although many risk-takers are getting more into consumer cyclical space, some of us are not very happy with T.J. Maxx's current volatility. We will inspect why it could be a different year for T.J. Maxx shareholders. T.J. Maxx's low volatility may still impact the value of the stock as we estimate it as currently fairly valued. The real value, based on our analysis, is getting close to 61.13 per share.
Published over two weeks ago
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Is T.J. Maxx (NYSE:TJX) a good hedge for your existing portfolios?
TJX Companies has roughly 6.62 B in cash with 3.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.52.
Volatility is a rate at which the price of T.J. Maxx or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of T.J. Maxx may increase or decrease. In other words, similar to T.J. Maxx's beta indicator, it measures the risk of T.J. Maxx and helps estimate the fluctuations that may happen in a short period of time. So if prices of T.J. Maxx fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is T.J. Maxx's Liquidity

T.J. Maxx financial leverage refers to using borrowed capital as a funding source to finance TJX Companies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. T.J. Maxx financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between T.J. Maxx's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for T.J. Maxx, but it might be worth checking our own buy vs. sell analysis

T.J. Maxx Volatility Drivers

T.J. Maxx unsystematic risk is unique to TJX Companies and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in T.J. Maxx you can also buy Ross Stores. You can also mitigate this risk by investing in the apparel retail sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing T.J. Maxx important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in T.J. Maxx income statement and balance sheet. Here are more details about T.J. Maxx volatility.
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