Amanasu Operating Income vs Total Operating Expenses Analysis

The correlation between Amanasu Techs' Operating Income and Total Operating Expenses is -0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Amanasu Techs Corp, assuming nothing else is changed. The correlation between historical values of Amanasu Techs' Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Amanasu Techs Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Amanasu Techs' Operating Income and Total Operating Expenses go up and down completely randomly.