Spirit Airlines - Delisted Stock
Spirit Airlines is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day Spirit Airlines was actively traded.
Valuation
Check how we calculate scores
Spirit Airlines Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spirit Airlines market risk premium is the additional return an investor will receive from holding Spirit Airlines long position in a well-diversified portfolio.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (2.33) | |||
Total Risk Alpha | (5.00) | |||
Treynor Ratio | (0.46) |
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
Myrna Soto | Independent Director | Profile | |
Dawn Zier | Independent Director | Profile | |
Carlton Donaway | Independent Director | Profile | |
Deanne Gabel | Senior Director, Investor Relations | Profile |
Still Interested in Spirit Airlines?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Spirit Stock
If you are still planning to invest in Spirit Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spirit Airlines' history and understand the potential risks before investing.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |