Facebook PPandE Turnover vs Calculated Tax Rate Analysis

PPandE Turnover vs Calculated Tax Rate

PPandE Turnover

Calculated Tax Rate

Accounts Relationship

PPandE Turnover vs Calculated Tax Rate

Significance: Pay attention

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

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak