TJX (FRA:TJX) 12-1 Month Momentum %

: 26.13% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), TJX's 12-1 Month Momentum % is 26.13%.

The industry rank for TJX's 12-1 Month Momentum % or its related term are showing as below:

FRA:TJX's 12-1 Month Momentum % is ranked better than
76.26% of 1095 companies
in the Retail - Cyclical industry
Industry Median: -4.84 vs FRA:TJX: 26.13

Competitive Comparison

For the Apparel Retail subindustry, TJX's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TJX 12-1 Month Momentum % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where TJX's 12-1 Month Momentum % falls into.

TJX (FRA:TJX) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TJX (FRA:TJX) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

TJX 12-1 Month Momentum % Related Terms

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TJX (FRA:TJX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TJX Companies Inc (FRA:TJX) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

TJX:USA TJX:Mexico 1TJX:Italy TJXd:UK TJXC34:Brazil

Address

770 Cochituate Road, Framingham, MA, USA, 01701

Website

https://www.tjx.com

TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.