SPIRIT AIRLINES (Germany) Performance
| S64 Stock | EUR 0.96 0.00 0.00% |
The entity has a beta of 3.45, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPIRIT AIRLINES will likely underperform. At this point, SPIRIT AIRLINES has a negative expected return of -0.2%. Please make sure to validate SPIRIT AIRLINES's maximum drawdown, potential upside, and the relationship between the jensen alpha and value at risk , to decide if SPIRIT AIRLINES performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days SPIRIT AIRLINES has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 1.4 B | |
| Free Cash Flow | -353.3 M |
SPIRIT |
SPIRIT AIRLINES Relative Risk vs. Return Landscape
If you would invest 228.00 in SPIRIT AIRLINES on September 13, 2024 and sell it today you would lose (132.00) from holding SPIRIT AIRLINES or give up 57.89% of portfolio value over 90 days. SPIRIT AIRLINES is producing return of less than zero assuming 14.2586% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than SPIRIT on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SPIRIT AIRLINES Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPIRIT AIRLINES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SPIRIT AIRLINES, and traders can use it to determine the average amount a SPIRIT AIRLINES's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0138
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| Negative Returns | S64 |
Estimated Market Risk
| 14.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPIRIT AIRLINES is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPIRIT AIRLINES by adding SPIRIT AIRLINES to a well-diversified portfolio.
SPIRIT AIRLINES Fundamentals Growth
SPIRIT Stock prices reflect investors' perceptions of the future prospects and financial health of SPIRIT AIRLINES, and SPIRIT AIRLINES fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPIRIT Stock performance.
| Current Valuation | 6.12 B | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 5.07 B | |||
| EBITDA | (286.86 M) | |||
| Total Debt | 3.2 B | |||
| Cash Flow From Operations | (89.02 M) | |||
| Total Asset | 9.18 B | |||
About SPIRIT AIRLINES Performance
By analyzing SPIRIT AIRLINES's fundamental ratios, stakeholders can gain valuable insights into SPIRIT AIRLINES's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPIRIT AIRLINES has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPIRIT AIRLINES has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about SPIRIT AIRLINES performance evaluation
Checking the ongoing alerts about SPIRIT AIRLINES for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SPIRIT AIRLINES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SPIRIT AIRLINES is not yet fully synchronised with the market data | |
| SPIRIT AIRLINES generated a negative expected return over the last 90 days | |
| SPIRIT AIRLINES has high historical volatility and very poor performance | |
| SPIRIT AIRLINES has some characteristics of a very speculative penny stock | |
| SPIRIT AIRLINES has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 5.07 B. Net Loss for the year was (554.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SPIRIT AIRLINES generates negative cash flow from operations |
- Analyzing SPIRIT AIRLINES's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SPIRIT AIRLINES's stock is overvalued or undervalued compared to its peers.
- Examining SPIRIT AIRLINES's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SPIRIT AIRLINES's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SPIRIT AIRLINES's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SPIRIT AIRLINES's stock. These opinions can provide insight into SPIRIT AIRLINES's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SPIRIT Stock analysis
When running SPIRIT AIRLINES's price analysis, check to measure SPIRIT AIRLINES's 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's value examination focuses on studying past and present price action to predict the probability of SPIRIT AIRLINES's 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's price. Additionally, you may evaluate how the addition of SPIRIT AIRLINES to your portfolios can decrease your overall portfolio volatility.
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