Quarterly Net Income Trend Analysis
Overall Quarterly Net Profit Growth Trend of the 500 Companies in the S&P 500.
Seasonally Adjusted Quarterly Net Income Growth Rate
| QoQ Growth Rate | -2.8% |
| YoY Growth Rate | 10.6% |
orrelation Analysis between Quarterly Net Income and Stock Price
Analyze the correlation between S&P 500 ETF (SPY) 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 S&P 500 show a Moderately Correlation. The higher the correlation, the greater the reference value.
The Coefficient of Determination
between Seasonally Aadjusted Quarterly Net Income and Stock Price
Moderately Correlation 0.71
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.
