ASTS Stock | | | USD 24.10 0.04 0.17% |
Ast Spacemobile financial indicator trend analysis is way more than just evaluating Ast Spacemobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ast Spacemobile is a good investment. Please check the relationship between Ast Spacemobile Revenue Per Share and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Revenue Per Share vs Total Revenue
Revenue Per Share vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ast Spacemobile Revenue Per Share account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ast Spacemobile's Revenue Per Share and Total Revenue is 0.93. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ast Spacemobile, assuming nothing else is changed. The correlation between historical values of Ast Spacemobile's Revenue Per Share and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Ast Spacemobile are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Revenue Per Share i.e., Ast Spacemobile's Revenue Per Share and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Total Revenue
Total revenue comprises all receipts Ast Spacemobile generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Ast Spacemobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ast Spacemobile current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Selling General Administrative is likely to drop to about 31.5
M in 2024.
Tax Provision is likely to gain to about (511.1
K) in 2024
Ast Spacemobile fundamental ratios Correlations
Click cells to compare fundamentals
Ast Spacemobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ast Spacemobile fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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.