TJX Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: TJX shows strong sales growth trends, low implied volatility indicates potential for price appreciation. With ongoing off-price retail demand, the stock is poised for upward momentum.




Bearish Case: High P/B ratio suggests overvaluation risks. Recent fluctuations in implied volatility paired with potential market corrections could pressure the stock lower than its current price.




Potential Outcomes:

1) Continued sales growth increasing price probability: 60%.

2) Market correction leading to price declines: 30%.

3) Unexpected negative events affecting performance: 10%.




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November 12, 2024


TJX Companies Forecast

TJX        TJX Companies











Correlated Assets

Assets that tend to move strongly with TJX



ISRG Forecast + Options Trading Strategies   ISRG  Intuitive Surgical (0.96)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.95)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.94)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.94)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.94)



Uncorrelated Assets

Assets with little price relationship to TJX



ELAN Forecast + Options Trading Strategies   ELAN  Elanco Animal Health (0.0)


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (0.0)


BNTX Forecast + Options Trading Strategies   BNTX  BioNTech SE (0.01)


TWO Forecast + Options Trading Strategies   TWO  Two Harbors Investment (0.01)


OLPX Forecast + Options Trading Strategies   OLPX  Olaplex (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against TJX



SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (-0.89)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.9)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.92)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)









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