Category Archives: YoY

Below is a chart of The TJX Companies (TJX) from 1988 to 2019 reflecting the year-over-year percentage change.

In the dashed box from 2014 to 2019, we examine the price performance of TJX after the stock price first declines to zero on a year-over-year basis from the +112.27% peak set on November 19, 2009.  We’ve highlighted the –16.20% level after the November 19, 2009 date as a marker for the following chart. 

Below are the indications of the period when TJX  first achieves zero year-over-year percentage change from 2014 to 2019 after the peak of November 19, 2009 at +112.27%.

• July 17, 2014
• November 14, 2014
• January 8, 2016
• October 21, 2016
• April 3, 2017

Summary and Conclusion

For the five dates selected, the performance for TJX, when averaged out, has exceeded that of the Dow Jones Industrial Average and the Nasdaq Composite. In three of the five scenarios, TJX exceeded the returns of the Dow and Nasdaq Composite.

We did not average the 1988-2019 negative year-over-year data at the lows because it is clearly an inconsistent methodology.  Notice that if we had averaged the lows, we would have come up with an average of approximately –22% declines.  This would have meant missing the opportunities in the 2014 to 2017 period.

Data Points and Charts

In the period from July 17, 2014 to April 8, 2019, TJX gained +108.08%.

When compared to the Dow Jones Industrial Average and the Nasdaq Composite Index in the period from July 21, 2014 to April 1, 2019, TJX exceeds both indexes by a comfortable margin.

In the period from November 14, 2014 to April 8, 2019, TJX gained +95.71%.

When compared to the Dow Jones Industrial Average and the Nasdaq Composite Index in the period from November 17, 2014 to April 1, 2019, TJX beat the Dow Jones Industrial Average and  matched the performance of the high tech heavy Nasdaq Composite.

In the period from January 8, 2016 to April 8, 2019, TJX gained +62.11%.

When compared to the Dow Jones Industrial Average and the Nasdaq Composite Index in the period from January 11, 2016 to April 1, 2019, TJX lagged the two indexes.

In the period from October 21, 2016 to April 8, 2019, TJX gained +47.86%.

When compared to the Dow Jones Industrial Average and the Nasdaq Composite Index in the period from October 24, 2016 to April 1, 2019, TJX beat the Dow Jones Industrial Average while lagged slightly behind the Nasdaq Composite.

In the period from April 3, 2017 to April 8, 2019, TJX gained +38.72%.

When compared to the Dow Jones Industrial Average and the Nasdaq Composite Index in the period from April 10, 2017 to April 1, 2019, TJX beat the Dow Jones Industrial Average and the Nasdaq Composite.

*All data we have run is expected to have errors which would result in adjustments either higher or lower.  However, our goal it to generate a unique perspective on easy to replicate processes. Let us know your thoughts and point out our errors.