Facebook Calculated Tax Rate vs PPandE Turnover Analysis

FB -- USA Stock  

USD 186.22  1.92  1.02%

Facebook financial indicator trend analysis is much more than just examining Facebook latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Facebook is a good investment. Please check the relationship between Facebook Calculated Tax Rate and its PPandE Turnover accounts. Additionally see Investing Opportunities.

Calculated Tax Rate vs PPandE Turnover

Accounts Relationship

Calculated Tax Rate vs PPandE Turnover

Significance: Significant Contrarian Relationship

Calculated Tax Rate diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Facebook Calculated Tax Rate account and PPandE Turnover

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Calculated Tax Rate

PPandE Turnover

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