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AST SpaceMobile, Inc. Class A Common Stock (ASTS) vs Average Price: Ground Beef, 100% Beef
Correlation
of % moves
+37%
In sync
of periods
58%
History
monthsmonths · through 2026-04
58
These move in the same direction about 58% of the time
Their swing sizes only faintly line up (~14% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
ASTS moves ~9 months before Average Price: Ground Beef, 100% Beef
Watch ASTS for an early read on Average Price: Ground Beef, 100% Beef.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
58.2%
Headline metric
Movement correlation(i)
+37%
Based on % moves
95% CI
+12% → +58%
Likely range of correlation
Pipeline
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,255
506
Normalized
1,255
506
Prepared
61
506
Aligned
58
58
Invalid removed
R²(i)
13.7%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
58
Thin
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -18 to 18 months.
Selected shift
+9 months
Correlation at this shift
+44%
+7% stronger than no-shift baseline
Average Price: Ground Beef, 100% Beef shifted 9 months earlier. Reads: "Does AST SpaceMobile, Inc. Class A Common Stock (ASTS) today line up with Average Price: Ground Beef, 100% Beef 9 months from now?"
42 overlapping points at this shift
Baseline
+37%
No-shift correlation, matching the main time-series chart above.
Peak shift
+9 months
+44%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
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
+3%
18 periods · Return correlation when both series rose
Both Falling
-24%
14 periods · Return correlation when both series fell
Diverging
-37%
24 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
451
A: 3 / B: 448
Series A
AST SpaceMobile, Inc. Class A Common Stock (ASTS)
ASTS
Stock · 1,255 raw → 61 prepared
Series B
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 506 raw → 506 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0253
Linear regression slope.
Intercept
0.0068
Linear regression intercept.
Saved last month · ID: fred-apu0000703112_stock-asts_monthly_5y