Quarterly Revenue Trend Analysis
Growth Trend of Quarterly Revenue for SPDR S&P 500 ETF Trust (SPY) Constituents.
Seasonally Adjusted Quarterly Revenue Growth Rate
| QoQ Growth Rate | -1.3% |
| YoY Growth Rate | 3% |
Correlation Analysis between Quarterly Revenue and Stock Price
Analyze the correlation between SPDR S&P 500 ETF Trust(SPY) stock price and seasonally adjusted quarterly revenue. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.
Seasonally Adjusted Quarterly Revenue and stock price of SPY Constituents show a High Correlation. The higher the correlation, the greater the reference value.
The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price
High Correlation 0.81
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.
