0JYM Stock | | | 1,728 33.03 1.88% |
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 Selling General Administrative and its Total Current Assets 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.
Selling General Administrative vs Total Current Assets
Selling General Administrative vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Markel Corp Selling General Administrative account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Markel Corp's Selling General Administrative and Total Current Assets is 0.46. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets 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 Selling General Administrative and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Markel Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Markel Corp's Selling General Administrative and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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