0JYM Stock | | | 1,720 18.00 1.06% |
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 Other Current Liab 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.
Other Current Liab vs Total Current Assets
Other Current Liab 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 Other Current Liab account and
Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Markel Corp's Other Current Liab and Total Current Assets is -0.71. Overlapping area represents the amount of variation of Other Current Liab 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 Other Current Liab 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 Other Current Liab 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 Other Current Liab i.e., Markel Corp's Other Current Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Liab
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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measure Markel Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Markel Corp is operating at the current time. Most of Markel Corp's value examination focuses on studying past and present price action to
predict the probability of Markel Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Markel Corp's price. Additionally, you may evaluate how the addition of Markel Corp to your portfolios can decrease your overall portfolio volatility.