Merck Discontinued Operations vs Research Development Analysis
0QAH Stock | USD 103.50 27.80 21.17% |
Merck financial indicator trend analysis is infinitely more than just investigating Merck Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merck Company is a good investment. Please check the relationship between Merck Discontinued Operations and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.
Discontinued Operations vs Research Development
Discontinued Operations vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merck Company Discontinued Operations account and Research Development. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Merck's Discontinued Operations and Research Development is -0.53. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Research Development in the same time period over historical financial statements of Merck Company, assuming nothing else is changed. The correlation between historical values of Merck's Discontinued Operations and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Merck Company are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Discontinued Operations i.e., Merck's Discontinued Operations and Research Development go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Discontinued Operations
Research Development
Most indicators from Merck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merck Company 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 Merck Company. 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. At this time, Merck's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 10.8 B this year, although the value of Discontinued Operations will most likely fall to about 601.9 M.
2020 | 2021 | 2023 | 2024 (projected) | EBIT | 7.7B | 13.9B | 16.0B | 11.8B | Discontinued Operations | 2.5B | 704M | 633.6M | 601.9M |
Merck fundamental ratios Correlations
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Merck Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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