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Correlation Analysis

Apple Inc. vs AST SpaceMobile, Inc. Class A Common Stock

AAPL vs ASTS

+0.770

Strong positive

When one moves up, the other tends to follow.

AAPL logo

Apple Inc.

AAPL

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Market cap 3.8T

ASTS logo

AST SpaceMobile, Inc. Class A Common Stock

ASTS

AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.

Market cap 27.7B · 1,126 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnology

Time Series

Relative Performance

Green: AAPLGray: ASTS36 of 1,254 points (sampled)

Who Moves First

AAPL leads ASTS by 6 days

AAPL tends to move before ASTS.

After testing 13 timing shifts, the strongest relationship was +0.771 (they moved in the same direction).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.479

12 periods · Return correlation when both series rose

Both Falling

+0.799

10 periods · Return correlation when both series fell

Diverging

-0.687

13 periods · Return correlation when series moved apart

R-Squared

59.3%

Share of variance in one series explained by the other.

Trend Agreement

58.0%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.747, 0.792]

Scatter

XY Regression

112.3120140160180200220240260280285.6-502040608099.8Apple Inc.AST SpaceMobile, Inc. Class A Common StockData pointsFit (r = 0.77)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

AAPL logo

Apple Inc.

AAPL

Market cap 3.8T

Stock · 1,254 raw → 1,254 prepared

Series B

ASTS logo

AST SpaceMobile, Inc. Class A Common Stock

ASTS

Market cap 27.7B · 1,126 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

58

Estimated crossover points between normalized spreads.

Slope

0.4650

Linear regression slope.

Intercept

-67.1826

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-aapl-vs-stock-asts-daily-20260408-w40pyi