SPIRIT AIRLINES (Germany) Today
SPIRIT AIRLINES is trading at 0.96 as of the 12th of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 0.96. The performance scores are derived for the period starting the 12th of November 2024 and ending today, the 12th of December 2024. Click here to learn more.
Valuation
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SPIRIT Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPIRIT AIRLINES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPIRIT AIRLINES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Edward Christie |
| Thematic Idea | Airlines (View all Themes) |
| Business Concentration | Airlines, Other, Other (View all Sectors) |
SPIRIT AIRLINES (S64) is traded on Berlin Exchange in Germany and employs 27 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SPIRIT AIRLINES's market, we take the total number of its shares issued and multiply it by SPIRIT AIRLINES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SPIRIT AIRLINES operates under Other sector and is part of Other industry.
SPIRIT AIRLINES generates negative cash flow from operations
Check SPIRIT AIRLINES Probability Of Bankruptcy
SPIRIT AIRLINES Risk Profiles
Although SPIRIT AIRLINES's alpha and beta are two of the key measurements used to evaluate SPIRIT AIRLINES's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 6.88 | |||
| Standard Deviation | 13.05 | |||
| Variance | 170.25 | |||
| Risk Adjusted Performance | (0.0004) |
SPIRIT Stock Against Markets
SPIRIT AIRLINES Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SPIRIT AIRLINES stock to make a market-neutral strategy. Peer analysis of SPIRIT AIRLINES could also be used in its relative valuation, which is a method of valuing SPIRIT AIRLINES by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SPIRIT AIRLINES Corporate Directors
| Mark Dunkerley | Independent Director | Profile | |
| Christine Richards | Independent Director | Profile | |
| Myrna Soto | Independent Director | Profile | |
| Dawn Zier | Independent Director | Profile |
Other Information on Investing in SPIRIT Stock
SPIRIT AIRLINES financial ratios help investors to determine whether SPIRIT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPIRIT with respect to the benefits of owning SPIRIT AIRLINES security.