Travelers Companies Earnings before Tax vs Average Equity Analysis

TRV -- USA Stock  

USD 144.32  1.99  1.36%

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 Earnings before Tax and its Average Equity accounts. Also please take a look at World Market Map.

Earnings before Tax vs Average Equity

Accounts Relationship

Earnings before Tax vs Average Equity

Significance: Very Strong Relationship

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Travelers Companies Earnings before Tax account and Average Equity

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].
Search macroaxis.com