0JYM Stock | | | 1,786 18.93 1.05% |
Markel Corp financial indicator trend analysis is infinitely more than just investigating Markel Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Markel Corp is a good investment. Please check the relationship between Markel Corp Cost Of Revenue and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Markel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Markel Corp Cost Of Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Markel Corp's Cost Of Revenue and Income Before Tax is 0.66. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Markel Corp, assuming nothing else is changed. The correlation between historical values of Markel Corp's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Markel Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Markel Corp's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Markel Corp income statement and represents the costs associated with goods and services Markel Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Markel Corp income statement and is an important metric when analyzing Markel Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Markel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Markel Corp 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Markel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 815.9
M in 2024.
Tax Provision is likely to gain to about 826.5
M in 2024
Markel Corp fundamental ratios Correlations
Click cells to compare fundamentals
Markel Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Markel Corp fundamental ratios Accounts
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Additional Tools for Markel Stock Analysis
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measure Markel Corp'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 Markel Corp is operating at the current time. Most of Markel Corp's value examination focuses on studying past and present price action to
predict the probability of Markel Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Markel Corp's price. Additionally, you may evaluate how the addition of Markel Corp to your portfolios can decrease your overall portfolio volatility.