Biglari Total Other Income Expense Net vs Total Revenue Analysis

The correlation between Biglari Holdings' Total Other Income Expense Net and Total Revenue is 0.46. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Biglari Holdings, assuming nothing else is changed. The correlation between historical values of Biglari Holdings' Total Other Income Expense Net and Total Revenue 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 Biglari Holdings are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Other Income Expense Net i.e., Biglari Holdings' Total Other Income Expense Net and Total Revenue go up and down completely randomly.