Ameriprise Financial'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 5 of 6 comparable quarters.
5 / 6 direction agreement
How is agreement calculated?| Spearman ρ (exact) | 0.367 (p=0.332) |
|---|---|
| Pearson r | 0.331 (p=0.385) |
| 95% CI (Pearson) | [-0.43, 0.82] |
| FDR q | 0.641 |
| Sample size (n) | 9 · Usable sample |
| Agreement | 5 / 6 (5 / 6) |
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 4, 2026 | 10-Q | +0.079 | +5.0% | n/a |
| May 6, 2024 | 10-Q | +0.138 | +137.4% | n/a |
| Nov 2, 2023 | 10-Q | +0.058 | +59.1% | n/a |
| Aug 8, 2023 | 10-Q | +0.062 | +17.7% | n/a |
| May 2, 2023 | 10-Q | -0.033 | -45.2% | n/a |
| Nov 2, 2022 | 10-Q | +0.021 | -46.8% | n/a |
| Aug 1, 2022 | 10-Q | -0.057 | +27.9% | n/a |
| May 2, 2022 | 10-Q | -0.020 | +74.1% | n/a |
| Nov 9, 2021 | 10-Q | +0.075 | +836.4% | n/a |
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Feb 22, 2024 | 10-K | +0.048 | -0.1% | n/a |
| Feb 23, 2023 | 10-K | +0.013 | -7.3% | n/a |
| Feb 25, 2022 | 10-K | +0.053 | +79.9% | n/a |