Marwyn Net Income From Continuing Ops vs Total Operating Expenses Analysis

The correlation between Marwyn Value's Net Income From Continuing Ops and Total Operating Expenses is 0.45. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Marwyn Value Investors, assuming nothing else is changed. The correlation between historical values of Marwyn Value's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Marwyn Value Investors 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 Net Income From Continuing Ops i.e., Marwyn Value's Net Income From Continuing Ops and Total Operating Expenses go up and down completely randomly.