Quarterly EPS Trend Analysis
Growth Trend of Quarterly Net Income for American Funds American Balanced Fund Class A(ABALX).
Seasonally Adjusted Quarterly EPS Growth Rate
| Quarter-over-Quarter EPS Growth Rate | -33.2% |
| Year-over-Year Quarterly EPS Growth Rate | 148.9% |
Correlation Analysis between Quarterly EPS and Stock Price
Analyze the correlation between American Funds American Balanced Fund Class A(ABALX) stock price and seasonally adjusted quarterly EPS. If there is a moderate to high correlation, the overall seasonally adjusted quarterly EPS can be used to estimate whether the stock price is reasonable.
Seasonally Adjusted Quarterly EPS and stock price of American Funds American Balanced Fund Class A (ABALX) show a Low Correlation. The higher the correlation, the greater the reference value.
The Coefficient of Determination
between Seasonally Adjusted Quarterly EPS and Stock Price
Low Correlation 0.27
Disclaimer
1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.
2. The information is not complete; for comprehensive data, please refer to the relevant websites.
3. All stock market data analyses are subject to survivorship bias.
