TJX Companies (Brazil) Performance
| TJXC34 Stock | 753.94 1.83 0.24% |
On a scale of 0 to 100, TJX Companies holds a performance score of 15. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TJX Companies are expected to decrease at a much lower rate. During the bear market, TJX Companies is likely to outperform the market. Please check TJX Companies' downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether TJX Companies' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in The TJX Companies are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, TJX Companies sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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TJX Companies Relative Risk vs. Return Landscape
If you would invest 65,560 in The TJX Companies on September 3, 2024 and sell it today you would earn a total of 9,834 from holding The TJX Companies or generate 15.0% return on investment over 90 days. The TJX Companies is generating 0.4621% of daily returns and assumes 2.2776% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than TJX, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TJX Companies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TJX Companies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The TJX Companies, and traders can use it to determine the average amount a TJX Companies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2029
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average TJX Companies is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TJX Companies by adding it to a well-diversified portfolio.
Things to note about TJX Companies performance evaluation
Checking the ongoing alerts about TJX Companies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TJX Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating TJX Companies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate TJX Companies' stock performance include:- Analyzing TJX Companies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TJX Companies' stock is overvalued or undervalued compared to its peers.
- Examining TJX Companies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TJX Companies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of TJX Companies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TJX Companies' stock. These opinions can provide insight into TJX Companies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TJX Stock analysis
When running TJX Companies' price analysis, check to measure TJX Companies' 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 TJX Companies is operating at the current time. Most of TJX Companies' value examination focuses on studying past and present price action to predict the probability of TJX Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TJX Companies' price. Additionally, you may evaluate how the addition of TJX Companies to your portfolios can decrease your overall portfolio volatility.
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