TJX Stock | | | USD 125.69 0.67 0.53% |
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 Investments and its Dividends Paid 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.
Investments vs Dividends Paid
Investments vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TJX Companies Investments account and
Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between T.J. Maxx's Investments and Dividends Paid is -0.61. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Dividends Paid 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 Investments and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of The TJX Companies are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Investments i.e., T.J. Maxx's Investments and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
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.