Ast Other Current Assets from 2010 to 2024
| ASTS Stock | USD 2.14 0.09 4.39% |
Other Current Assets | First Reported 2010-12-31 | Previous Quarter 17.6 M | Current Value 18.5 M | Quarterly Volatility 6.3 M |
Check Ast Spacemobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ast main balance sheet or income statement drivers, such as Interest Expense of 2.5 M, Income Tax Expense of 1.8 M or Minority Interest of 112.1 M, as well as many exotic indicators such as Price To Sales Ratio of 20.73, Dividend Yield of 0.0 or PTB Ratio of 3.44. Ast financial statements analysis is a perfect complement when working with Ast Spacemobile Valuation or Volatility modules.
Ast | Other Current Assets |
Latest Ast Spacemobile's Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Ast Spacemobile over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Ast Spacemobile's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ast Spacemobile's overall financial position and show how it may be relating to other accounts over time.
| Other Current Assets | 10 Years Trend |
|
Other Current Assets |
| Timeline |
Ast Other Current Assets Regression Statistics
| Arithmetic Mean | 2,928,992 | |
| Geometric Mean | 279,870 | |
| Coefficient Of Variation | 214.02 | |
| Mean Deviation | 4,243,690 | |
| Median | 69,000 | |
| Standard Deviation | 6,268,667 | |
| Sample Variance | 39.3T | |
| Range | 18.4M | |
| R-Value | 0.66 | |
| Mean Square Error | 23.7T | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | 928,714 | |
| Total Sum of Squares | 550.1T |
Ast Other Current Assets History
About Ast Spacemobile Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ast Spacemobile income statement, its balance sheet, and the statement of cash flows. Ast Spacemobile investors use historical funamental indicators, such as Ast Spacemobile's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Ast Spacemobile investors may use each financial statement separately, they are all related. The changes in Ast Spacemobile's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ast Spacemobile's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ast Spacemobile Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ast Spacemobile. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Current Assets | 17.6 M | 18.5 M |
Pair Trading with Ast Spacemobile
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ast Spacemobile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ast Spacemobile will appreciate offsetting losses from the drop in the long position's value.Moving together with Ast Stock
| 0.68 | BCE | BCE Inc Sell-off Trend | PairCorr |
| 0.78 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
Moving against Ast Stock
| 0.66 | SY | So Young International | PairCorr |
| 0.58 | CURIW | CuriosityStream | PairCorr |
| 0.57 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
| 0.55 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
| 0.47 | TV | Grupo Televisa SAB Financial Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to Ast Spacemobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ast Spacemobile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ast Spacemobile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ast Spacemobile to buy it.
The correlation of Ast Spacemobile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ast Spacemobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ast Spacemobile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ast Spacemobile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ast Spacemobile Correlation against competitors. For more information on how to buy Ast Stock please use our How to Invest in Ast Spacemobile guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary 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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Ast Spacemobile's industry 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 (1.07) | Quarterly Revenue Growth (1.00) | Return On Assets (0.35) | Return On Equity (0.78) |
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.