TRV Stock | | | USD 266.66 2.89 1.10% |
Travelers Companies financial indicator trend analysis is much more than just breaking down The Travelers Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Travelers Companies is a good investment. Please check the relationship between Travelers Companies Other Operating Expenses and its Total Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in The Travelers Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
The Travelers Companies Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Travelers Companies' Other Operating Expenses and Total Operating Expenses is -0.09. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of The Travelers Companies, assuming nothing else is changed. The correlation between historical values of Travelers Companies' Other Operating Expenses 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 Other Operating Expenses of The Travelers Companies 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 Other Operating Expenses i.e., Travelers Companies' Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of The Travelers Companies. It is also known as Travelers Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Travelers Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Travelers Companies 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
World Market Map to better understand how to build diversified portfolios, which includes a position in The Travelers Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Travelers Companies'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.15 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
B in 2024.
Travelers Companies fundamental ratios Correlations
Click cells to compare fundamentals
Travelers Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Travelers Companies fundamental ratios Accounts
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Additional Tools for Travelers Stock Analysis
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