Marwyn Non Current Assets Total vs Common Stock Total Equity Analysis

The correlation between Marwyn Value's Non Current Assets Total and Common Stock Total Equity is -0.24. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Marwyn Value Investors, assuming nothing else is changed. The correlation between historical values of Marwyn Value's Non Current Assets Total and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Marwyn Value Investors are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Non Current Assets Total i.e., Marwyn Value's Non Current Assets Total and Common Stock Total Equity go up and down completely randomly.