Spirit Airlines Financials
| S64 Stock | EUR 0.95 0.00 0.00% |
Spirit |
Spirit Airlines Stock Summary
Spirit Airlines competes with RYANAIR HLDGS, Ryanair Holdings, Superior Plus, SIVERS SEMICONDUCTORS, and Norsk Hydro. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. SPIRIT AIRLINES operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9823 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US8485771021 |
| Business Address | 2800 Executive Way, |
| Sector | Industrials |
| Industry | Airlines |
| Benchmark | Dow Jones Industrial |
| Website | www.spirit.com |
| Phone | 954 447 7920 |
| Currency | EUR - Euro |
You should never invest in Spirit Airlines without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Spirit Stock, because this is throwing your money away. Analyzing the key information contained in Spirit Airlines' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Spirit Airlines Key Financial Ratios
There are many critical financial ratios that Spirit Airlines' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Spirit Airlines reports annually and quarterly.| Return On Equity | -0.3 | |||
| Return On Asset | -0.0093 | |||
| Target Price | 36.1 | |||
| Beta | 1.13 |
Spirit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spirit Airlines's current stock value. Our valuation model uses many indicators to compare Spirit Airlines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spirit Airlines competition to find correlations between indicators driving Spirit Airlines's intrinsic value. More Info.Spirit Airlines is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Spirit Airlines' earnings, one of the primary drivers of an investment's value.Spirit Airlines Systematic Risk
Spirit Airlines' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spirit Airlines volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Spirit Airlines correlated with the market. If Beta is less than 0 Spirit Airlines generally moves in the opposite direction as compared to the market. If Spirit Airlines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spirit Airlines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spirit Airlines is generally in the same direction as the market. If Beta > 1 Spirit Airlines moves generally in the same direction as, but more than the movement of the benchmark.
Spirit Airlines Thematic Clasifications
Spirit Airlines is part of Airlines investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Major domestic and international airlines. Domestic and international airlines and airline services
This theme covers Major domestic and international airlines. Domestic and international airlines and airline services. Get More Thematic Ideas
| Airlines | View |
Spirit Airlines December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Spirit Airlines help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spirit Airlines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spirit Airlines based on widely used predictive technical indicators. In general, we focus on analyzing Spirit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spirit Airlines's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 118.65 | |||
| Value At Risk | (21.19) | |||
| Potential Upside | 17.13 |
Complementary Tools for Spirit Stock analysis
When running Spirit Airlines' price analysis, check to measure Spirit Airlines' 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 Spirit Airlines is operating at the current time. Most of Spirit Airlines' value examination focuses on studying past and present price action to predict the probability of Spirit Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Airlines' price. Additionally, you may evaluate how the addition of Spirit Airlines to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |