Correlation Analysis
AST SpaceMobile, Inc. Class A Common Stock vs Exxon Mobil Corporation
ASTS vs XOM
+0.515
Moderate positive
When one moves up, the other tends to follow.
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
Exxon Mobil Corporation
↗XOM
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Market cap 680.7B
Time Series
Relative Performance
Who Moves First
ASTS leads XOM by 6 days
ASTS tends to move before XOM.
After testing 13 timing shifts, the strongest relationship was +0.520 (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
-0.220
11 periods · Return correlation when both series rose
Both Falling
+0.003
9 periods · Return correlation when both series fell
Diverging
-0.387
15 periods · Return correlation when series moved apart
R-Squared
26.5%
Share of variance in one series explained by the other.
Trend Agreement
53.4%
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: [0.473, 0.554]
Scatter
XY Regression
Pipeline
Data quality details
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
AST SpaceMobile, Inc. Class A Common Stock
ASTS
Market cap 27.7B · 1,126 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Exxon Mobil Corporation
XOM
Market cap 680.7B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
42
Estimated crossover points between normalized spreads.
Slope
0.4664
Linear regression slope.
Intercept
91.9325
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
ASTS
AST SpaceMobile, Inc. Class A Common Stock
Highest
+0.890
Micron Technology, Inc.
MU · 1,254 data points
Lowest
+0.656
Eli Lilly & Co.
LLY · 1,254 data points
Saved 4 hours ago · ID: stock-asts-vs-stock-xom-daily