Ast Spacemobile Stock Market Value
| ASTS Stock | USD 23.81 0.52 2.23% |
| Symbol | Ast |
Ast Spacemobile Price To Book Ratio
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ast Spacemobile. If investors know Ast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ast Spacemobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 0.013 | Quarterly Revenue Growth (1.00) | Return On Assets (0.30) | Return On Equity (1.04) |
The market value of Ast Spacemobile is measured differently than its book value, which is the value of Ast that is recorded on the company's balance sheet. Investors also form their own opinion of Ast Spacemobile's value that differs from its market value or its book value, called intrinsic value, which is Ast Spacemobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ast Spacemobile's market value can be influenced by many factors that don't directly affect Ast Spacemobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ast Spacemobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ast Spacemobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ast Spacemobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ast Spacemobile 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ast Spacemobile's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ast Spacemobile.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ast Spacemobile on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ast Spacemobile or generate 0.0% return on investment in Ast Spacemobile over 540 days. Ast Spacemobile is related to or competes with Iridium Communications, Lumen Technologies, Sify Technologies, InterDigital, Cogent Communications, Globalstar, and Cable One. AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones More
Ast Spacemobile Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ast Spacemobile's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ast Spacemobile upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 26.48 | |||
| Value At Risk | (9.59) | |||
| Potential Upside | 12.48 |
Ast Spacemobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ast Spacemobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ast Spacemobile's standard deviation. In reality, there are many statistical measures that can use Ast Spacemobile historical prices to predict the future Ast Spacemobile's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ast Spacemobile's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ast Spacemobile Backtested Returns
Ast Spacemobile secures Sharpe Ratio (or Efficiency) of -0.0252, which signifies that the company had a -0.0252% return per unit of risk over the last 3 months. Ast Spacemobile exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ast Spacemobile's Mean Deviation of 4.52, risk adjusted performance of (0.02), and Standard Deviation of 6.12 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.12, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ast Spacemobile will likely underperform. At this point, Ast Spacemobile has a negative expected return of -0.15%. Please make sure to confirm Ast Spacemobile's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Ast Spacemobile performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Ast Spacemobile has very weak reverse predictability. Overlapping area represents the amount of predictability between Ast Spacemobile time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ast Spacemobile price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Ast Spacemobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 113.51 |
Ast Spacemobile lagged returns against current returns
Autocorrelation, which is Ast Spacemobile stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ast Spacemobile's stock expected returns. We can calculate the autocorrelation of Ast Spacemobile returns to help us make a trade decision. For example, suppose you find that Ast Spacemobile has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ast Spacemobile regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ast Spacemobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ast Spacemobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ast Spacemobile stock over time.
Current vs Lagged Prices |
| Timeline |
Ast Spacemobile Lagged Returns
When evaluating Ast Spacemobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ast Spacemobile stock have on its future price. Ast Spacemobile autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ast Spacemobile autocorrelation shows the relationship between Ast Spacemobile stock current value and its past values and can show if there is a momentum factor associated with investing in Ast Spacemobile.
Regressed Prices |
| Timeline |
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Additional Tools for Ast Stock Analysis
When running Ast Spacemobile's price analysis, check to measure Ast Spacemobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.