SAVE vs. SPOT
Compare and contrast key facts about Spirit Airlines, Inc. (SAVE) and Spotify Technology S.A. (SPOT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAVE or SPOT.
Correlation
The correlation between SAVE and SPOT is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SAVE vs. SPOT - Performance Comparison
Key characteristics
Fundamentals
SAVE:
$118.28M
SPOT:
$131.02B
SAVE:
-$6.20
SPOT:
$5.74
SAVE:
20.44
SPOT:
1.99
SAVE:
$2.55B
SPOT:
$15.67B
SAVE:
$146.39M
SPOT:
$4.70B
SAVE:
-$87.44M
SPOT:
$1.52B
Returns By Period
SAVE
N/A
N/A
N/A
N/A
N/A
N/A
SPOT
43.67%
32.38%
87.01%
164.06%
34.49%
N/A
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Risk-Adjusted Performance
SAVE vs. SPOT — Risk-Adjusted Performance Rank
SAVE
SPOT
SAVE vs. SPOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirit Airlines, Inc. (SAVE) and Spotify Technology S.A. (SPOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SAVE vs. SPOT - Dividend Comparison
Neither SAVE nor SPOT has paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SAVE Spirit Airlines, Inc. | 9.26% | 18.52% | 7.32% |
SPOT Spotify Technology S.A. | 0.00% | 0.00% | 0.00% |
Drawdowns
SAVE vs. SPOT - Drawdown Comparison
Volatility
SAVE vs. SPOT - Volatility Comparison
The current volatility for Spirit Airlines, Inc. (SAVE) is 0.00%, while Spotify Technology S.A. (SPOT) has a volatility of 13.36%. This indicates that SAVE experiences smaller price fluctuations and is considered to be less risky than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAVE vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between Spirit Airlines, Inc. and Spotify Technology S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities