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Johnson Calculated Tax Rate vs Operating Margin Analysis

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JNJ -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Johnson Johnson financial indicator trend analysis is infinitely more than just investigating Johnson Johnson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Johnson is a good investment. Please check the relationship between Johnson Johnson Calculated Tax Rate and its Operating Margin accounts. Please see Risk vs Return Analysis.

Calculated Tax Rate vs Operating Margin

Accounts Relationship

Calculated Tax Rate vs Operating Margin

Significance: Weak Contrarian Relationship

Calculated Tax Rate diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Johnson Johnson Calculated Tax Rate account and Operating Margin

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Calculated Tax Rate

Operating Margin