Quarterly Net Income Trend Analysis
Growth Trend of Quarterly Net Income for Companhia de Saneamento Básico do Estado de São Paulo - SABESP(SBS).
Seasonally Adjusted Quarterly Net Income Growth Rate
| Quarter-over-Quarter Net Income Growth Rate | 56.4% |
| Year-over-Year Quarterly Net Income Growth Rate | 62.6% |
Correlation Analysis between Quarterly Net Income and Stock Price
Analyze the correlation between Companhia de Saneamento Básico do Estado de São Paulo - SABESP(SBS) stock price and seasonally adjusted quarterly net income. If there is a moderate to high correlation, the overall seasonally adjusted quarterly net income can be used to estimate whether the stock price is reasonable.
Seasonally Aadjusted Quarterly Net Income and stock price of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) show a Low Correlation. The higher the correlation, the greater the reference value.
The Coefficient of Determination
between Seasonally Aadjusted Quarterly Net Income and Stock Price
Low Correlation 0.38
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.
