T.J. Maxx Stock Forecast - Market Facilitation Index
| TJX Stock | USD 98.75 0.06 0.06% |
T.J. Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast T.J. Maxx stock prices and determine the direction of The TJX Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of T.J. Maxx's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of T.J. Maxx to cross-verify your projections. T.J. |
Most investors in T.J. Maxx cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the T.J. Maxx's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets T.J. Maxx's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check T.J. Maxx Volatility | Backtest T.J. Maxx | Information Ratio |
T.J. Maxx Trading Date Momentum
| On May 13 2024 The TJX Companies was traded for 98.75 at the closing time. Highest T.J. Maxx's price during the trading hours was 99.61 and the lowest price during the day was 98.57 . The net volume was 4.1 M. The overall trading history on the 13th of May 2024 did not result in any price rise and fall. The trading price change to current price is 0.32% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare T.J. Maxx to competition |
Other Forecasting Options for T.J. Maxx
For every potential investor in T.J., whether a beginner or expert, T.J. Maxx's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. T.J. Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in T.J.. Basic forecasting techniques help filter out the noise by identifying T.J. Maxx's price trends.T.J. Maxx Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with T.J. Maxx stock to make a market-neutral strategy. Peer analysis of T.J. Maxx could also be used in its relative valuation, which is a method of valuing T.J. Maxx by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TJX Companies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of T.J. Maxx's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of T.J. Maxx's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
T.J. Maxx Market Strength Events
Market strength indicators help investors to evaluate how T.J. Maxx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading T.J. Maxx shares will generate the highest return on investment. By undertsting and applying T.J. Maxx stock market strength indicators, traders can identify The TJX Companies entry and exit signals to maximize returns.
| Accumulation Distribution | 43293.85 | |||
| Daily Balance Of Power | (0.06) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 99.09 | |||
| Day Typical Price | 98.98 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 56.59 |
T.J. Maxx Risk Indicators
The analysis of T.J. Maxx's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in T.J. Maxx's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting t.j. stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.789 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 0.9808 | |||
| Variance | 0.962 | |||
| Downside Variance | 1.06 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (0.78) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether TJX Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T.J. Maxx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Tjx Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Tjx Companies Stock:Check out Historical Fundamental Analysis of T.J. Maxx to cross-verify your projections. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
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.
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.