Ast Return on Average Assets from 2010 to 2024
ASTS Stock | USD 2.16 0.07 3.35% |
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 | Return on Average Assets |
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 Return on Average 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.
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. Ast Spacemobile operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 386 people.
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
0.66 | BCE | BCE Inc Financial Report 2nd of May 2024 | PairCorr |
Moving against Ast Stock
0.71 | CURIW | CuriosityStream | PairCorr |
0.64 | IQ | iQIYI Inc Buyout Trend | PairCorr |
0.56 | BZ | Kanzhun Ltd ADR Financial Report 22nd of May 2024 | PairCorr |
0.49 | SE | Sea Buyout Trend | 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
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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.