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 Total Other Income Expense Net and its Total Operating Expenses 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.
Total Other Income Expense Net vs Total Operating Expenses
Total Other Income Expense Net vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Markel Corp Total Other Income Expense Net account and
Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Markel Corp's Total Other Income Expense Net and Total Operating Expenses is -0.49. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Operating Expenses 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 Total Other Income Expense Net and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Markel Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Markel Corp's Total Other Income Expense Net and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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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