Frontier Group Holdings Stock Market Value
| ULCC Stock | USD 5.83 0.14 2.46% |
| Symbol | Frontier |
Frontier Group Holdings Price To Book Ratio
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontier Group. If investors know Frontier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontier Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.03) | Revenue Per Share 16.392 | Quarterly Revenue Growth 0.059 | Return On Assets (0.03) |
The market value of Frontier Group Holdings is measured differently than its book value, which is the value of Frontier that is recorded on the company's balance sheet. Investors also form their own opinion of Frontier Group's value that differs from its market value or its book value, called intrinsic value, which is Frontier Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontier Group's market value can be influenced by many factors that don't directly affect Frontier Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontier Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontier Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontier Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Frontier Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Frontier Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Frontier Group.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Frontier Group on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Frontier Group Holdings or generate 0.0% return on investment in Frontier Group over 360 days. Frontier Group is related to or competes with JetBlue Airways, Southwest Airlines, United Airlines, American Airlines, Allegiant Travel, SkyWest, and International Consolidated. Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers More
Frontier Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Frontier Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Frontier Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.03 | |||
| Information Ratio | 0.1573 | |||
| Maximum Drawdown | 34.82 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 10.08 |
Frontier Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontier Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontier Group's standard deviation. In reality, there are many statistical measures that can use Frontier Group historical prices to predict the future Frontier Group's volatility.| Risk Adjusted Performance | 0.1495 | |||
| Jensen Alpha | 0.5862 | |||
| Total Risk Alpha | 0.0788 | |||
| Sortino Ratio | 0.1587 | |||
| Treynor Ratio | 0.3482 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Frontier Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Frontier Group Holdings Backtested Returns
Frontier Group appears to be moderately volatile, given 3 months investment horizon. Frontier Group Holdings secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing Frontier Group's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize Frontier Group's Mean Deviation of 3.39, coefficient of variation of 542.15, and Downside Deviation of 5.03 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Frontier Group holds a performance score of 13. The firm shows a Beta (market volatility) of 2.66, which means 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, Frontier Group will likely underperform. Please check Frontier Group's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Frontier Group's price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Frontier Group Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Frontier Group time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Frontier Group Holdings price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Frontier Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 |
Frontier Group Holdings lagged returns against current returns
Autocorrelation, which is Frontier Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Frontier Group's stock expected returns. We can calculate the autocorrelation of Frontier Group returns to help us make a trade decision. For example, suppose you find that Frontier Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Frontier Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Frontier Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontier Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontier Group stock over time.
Current vs Lagged Prices |
| Timeline |
Frontier Group Lagged Returns
When evaluating Frontier Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontier Group stock have on its future price. Frontier Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Frontier Group autocorrelation shows the relationship between Frontier Group stock current value and its past values and can show if there is a momentum factor associated with investing in Frontier Group Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Frontier Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontier Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontier Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontier Group Holdings Stock:Check out Frontier Group Correlation, Frontier Group Volatility and Frontier Group Alpha and Beta module to complement your research on Frontier Group. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Frontier Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.