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Spirit Airlines (STU:S64) 6-Month Price Index : 0.29 (As of Dec. 11, 2024)


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What is Spirit Airlines 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-12-11), Spirit Airlines's 6-Month Price Index is 0.29.

Competitive Comparison of Spirit Airlines's 6-Month Price Index

For the Airlines subindustry, Spirit Airlines's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spirit Airlines  (STU:S64) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spirit Airlines  (STU:S64) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Spirit Airlines 6-Month Price Index Related Terms

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Spirit Airlines Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spirit Airlines Inc (STU:S64) » Definitions » 6-Month Price Index
Comparable Companies
JBLU ATSG ALGT SKYW ULCC SNCY HA SRFM HRBR MESA DAL DUB:RYA SHSE:601111 SHSE:600029 LUV SGX:C6L SHSE:600115 NSE:INDIGO UAL IST:THYAO
Traded in Other Exchanges
SAVEQ:USA SAVE:Mexico 0L8U:UK S64:Germany
Address
2800 Executive Way, Miramar, FL, USA, 33025
Website
https://www.spirit.com
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.

Spirit Airlines Headlines

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