AST SpaceMobile, Inc. Class A Common Stock (ASTS) — Stock Correlations & Overview
Over the past year, ASTS has moved most closely with ASTX, UFO, RKLB. Explore the stocks most correlated and inversely correlated with ASTS below, along with its price, financials, and company profile.
Stocks correlated with ASTS
Correlation of daily returns. Higher positive values move with ASTS; negative values move opposite it. Informational only, not investment advice.
Most correlated with ASTS
| Symbol | Company | Correlation |
|---|---|---|
| ASTX | Tradr 2X Long ASTS Daily ETF | 1.00 |
| UFO | Procure Space ETF | 0.81 |
| RKLB | Rocket Lab Corporation Common StockGUIDED MISSILES & SPACE VEHICLES & PARTS | 0.74 |
| RKLX | Defiance Daily Target 2X Long RKLB ETF | 0.74 |
| ROKT | State Street SPDR S&P Kensho Final Frontiers ETF | 0.73 |
Most inversely correlated with ASTS
| Symbol | Company | Correlation |
|---|---|---|
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.57 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.52 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.52 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.50 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.50 |
Frequently asked questions about ASTS correlations
- Which stocks are most correlated with ASTS?
- Based on one year of daily returns, the stocks most correlated with AST SpaceMobile, Inc. Class A Common Stock (ASTS) are ASTX (1.00), UFO (0.81) and RKLB (0.74). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ASTS?
- Over the past year, the stocks most inversely correlated with AST SpaceMobile, Inc. Class A Common Stock (ASTS) are RGTZ (-0.57), QBTZ (-0.52) and SARK (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ASTS correlations calculated?
- We compute the correlation of daily returns between ASTS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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