TJX Stock | | | USD 119.77 0.03 0.03% |
T.J. Maxx financial indicator trend analysis is much more than just breaking down TJX Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Companies is a good investment. Please check the relationship between T.J. Maxx Common Stock Total Equity and its Total Stockholder Equity accounts. 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 closely tied with the direction of predictive economic indicators such as
signals in inflation.
Common Stock Total Equity vs Total Stockholder Equity
Common Stock Total Equity vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TJX Companies Common Stock Total Equity account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between T.J. Maxx's Common Stock Total Equity and Total Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of The TJX Companies, assuming nothing else is changed. The correlation between historical values of T.J. Maxx's Common Stock Total Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of The TJX Companies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., T.J. Maxx's Common Stock Total Equity and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from T.J. Maxx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, T.J. Maxx's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 13.7
B in 2024, whereas
Discontinued Operations is likely to drop slightly above 2.9
M in 2024.
T.J. Maxx fundamental ratios Correlations
Click cells to compare fundamentals
T.J. Maxx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
T.J. Maxx fundamental ratios Accounts
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Additional Tools for T.J. Stock Analysis
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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.