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Industrials · CIK 0001579241

ALLE Allegion

Weak positive

Allegion's management tone tended to become more positive when quarterly net income improved.

Relationship strength (, primary)
0.20
Sample
9 quarterly observations
Usable sample
Multiple-testing check

Does not remain notable after adjusting for hundreds of tests. Why?

Pearson (secondary): 0.00 Why show both?

The analysis measures a same-filing relationship, not a forecast. Limitations

Tone vs earnings change

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

Direction agreement

Tone and earnings moved in the same direction in 0 of 1 comparable quarters.

0 / 1 direction agreement

How is agreement calculated?
Statistical details (Pearson, p-values, q, confidence interval)
Spearman ρ (exact)0.200 (p=0.606)
Pearson r0.001 (p=0.998)
95% CI (Pearson)[-0.66, 0.66]
FDR q0.999
Sample size (n)9 · Usable sample
Agreement0 / 1 (0 / 1)
Revenue analysis (secondary metric)

Secondary to net income because revenue concepts are less comparable across some industries.

Relationship
Moderate positive
Spearman
0.55
Pearson
0.18
Sample
13 quarterly observations
Annual 10-K analysis (secondary analysis)

Annual samples are shorter and are not mixed into the default quarterly board.

Relationship
Strong negative
Spearman
-1.00
Pearson
-0.97
Sample
5 annual observations

Filing history

Tone shown to three decimals so small nonzero values stay visible.

Quarterly (10-Q)

DateFormToneNet income YoYRevenue YoY
Jul 23, 202610-Q+0.150n/a+12.7%
Apr 28, 202610-Q+0.055n/a+9.7%
Oct 23, 202510-Q+0.134n/a+10.7%
Jul 24, 202510-Q+0.007n/a+5.8%
Apr 24, 202510-Q+0.003+19.7%+5.4%
Oct 24, 202410-Q-0.087+11.5%+5.4%
Jul 24, 202410-Q+0.005+9.4%+5.8%
Apr 25, 202410-Q+0.003+0.2%-3.2%
Oct 31, 202310-Q+0.012+36.4%+0.5%
Apr 26, 202310-Q+0.005+32.8%+27.6%
Oct 27, 202210-Q+0.007-20.1%+27.4%
Apr 26, 202210-Q-0.003-13.9%+4.2%
Oct 21, 202110-Q+0.004-2.3%-1.6%

Annual (10-K)

DateFormToneNet income YoYRevenue YoY
Feb 17, 202610-K+0.139+7.7%+7.8%
Feb 18, 202510-K+0.130+10.6%+3.3%
Feb 20, 202410-K+0.121+18.0%+11.6%
Feb 22, 202310-K+0.148-5.2%+14.1%
Feb 15, 202210-K-0.012+53.7%+5.4%