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Johnson Operating Margin vs Calculated Tax Rate 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 Operating Margin and its Calculated Tax Rate accounts. Please see Risk vs Return Analysis.

Operating Margin vs Calculated Tax Rate

Accounts Relationship

Operating Margin vs Calculated Tax Rate

Significance: Weak Contrarian Relationship

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

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Margin

Calculated Tax Rate