ALCC-P Selling General Administrative vs Income Before Tax Analysis

The correlation between A Labs' Selling General Administrative and Income Before Tax is -0.83. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of A Labs Capital IV, assuming nothing else is changed. The correlation between historical values of A Labs' Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of A Labs Capital IV are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., A Labs' Selling General Administrative and Income Before Tax go up and down completely randomly.