American International Group's management tone tended to become more positive when quarterly net income improved.
Does not remain notable after adjusting for hundreds of tests. Why?
The analysis measures a same-filing relationship, not a forecast. Limitations
Each dot represents one 10-Q filing. Points farther right have more positive MD&A tone. Points higher on the chart had stronger year-over-year net income growth, after extreme percent changes are capped. Upper-right and lower-left points indicate tone and earnings moving in the same direction. How to read this chart
Tone and earnings moved in the same direction in 3 of 5 comparable quarters.
3 / 5 direction agreement
How is agreement calculated?| Spearman ρ (exact) | 0.253 (p=0.404) |
|---|---|
| Pearson r | -0.035 (p=0.910) |
| 95% CI (Pearson) | [-0.57, 0.53] |
| FDR q | 0.944 |
| Sample size (n) | 13 · More established sample |
| Agreement | 3 / 5 (3 / 5) |
Secondary to net income because revenue concepts are less comparable across some industries.
Revenue comparison is not used for this industry because companies report revenue-like concepts differently.
Why?Annual samples are shorter and are not mixed into the default quarterly board.
Tone shown to three decimals so small nonzero values stay visible.
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Aug 7, 2026 | 10-Q | +0.023 | n/a | n/a |
| May 1, 2026 | 10-Q | +0.023 | n/a | n/a |
| Nov 5, 2025 | 10-Q | +0.072 | +13.1% | n/a |
| Aug 7, 2025 | 10-Q | +0.087 | +128.8% | n/a |
| May 2, 2025 | 10-Q | +0.044 | -42.6% | n/a |
| Nov 7, 2024 | 10-Q | +0.031 | -77.4% | n/a |
| Aug 1, 2024 | 10-Q | +0.022 | -366.4% | n/a |
| May 2, 2024 | 10-Q | +0.043 | +3953.3% | n/a |
| Nov 2, 2023 | 10-Q | +0.041 | -25.2% | n/a |
| Aug 2, 2023 | 10-Q | +0.064 | -50.8% | n/a |
| May 5, 2023 | 10-Q | +0.054 | -99.3% | n/a |
| Nov 2, 2022 | 10-Q | +0.024 | +62.5% | n/a |
| Aug 9, 2022 | 10-Q | +0.033 | +2966.7% | n/a |
| May 5, 2022 | 10-Q | +0.018 | +9.9% | n/a |
| Nov 5, 2021 | 10-Q | +0.090 | +478.8% | n/a |
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Feb 12, 2026 | 10-K | +0.047 | +320.5% | n/a |
| Feb 13, 2025 | 10-K | +0.040 | -138.5% | n/a |
| Feb 14, 2024 | 10-K | +0.033 | -64.5% | n/a |
| Feb 17, 2023 | 10-K | -0.062 | +9.5% | n/a |
| Feb 17, 2022 | 10-K | -0.024 | +257.9% | n/a |