Yes. Around 76% of the stars are low luminosity stars.
The most common type is main-sequence stars. This is a fairly broad category; within it, the most common type is red dwarves.
Stars that are most like the sun are called G-type main sequence stars. Examples of such stars include Alpha Centauri A and Tau Ceti. These stars have similar temperature, luminosity, and spectral characteristics to our sun.
A small, cool red star is typically referred to as a "red dwarf." Red dwarfs are the most common type of star in the universe, characterized by their low temperature and luminosity. They are classified as spectral type M and have a mass less than half that of the Sun. These stars can burn for billions of years, making them long-lived compared to larger stars.
A blue dwarf star would have high temperature and low luminosity in the Hertzsprung-Russell (HR) diagram. Blue dwarf stars are in the lower left corner of the diagram, characterized by their high surface temperature and faint luminosity compared to other stars of similar temperature.
Scientists classify stars based on several key characteristics, including their temperature, luminosity, size, and spectral type, which is determined by the absorption lines in their spectrum. The Hertzsprung-Russell diagram is a common tool used to visualize the relationship between a star's luminosity and temperature, allowing for further categorization into groups such as main sequence stars, giants, and white dwarfs. Additionally, the chemical composition of a star can also influence its classification.
The most common type is main-sequence stars. This is a fairly broad category; within it, the most common type is red dwarves.
Some aspect is variable, usually their luminosity.
The most common stars are Red Dwarfs. It is probable that up to 80% of all stars in the universe are red dwarfs. They are not visible on the on the H-R Diagram because they are hard to observe from Earth due to their low-luminosity. In contrast O-type and B-type supergiants are extremely rare. The reason for this is because they evolve and die quickly.
Red Dwarf Stars
Stars that are most like the sun are called G-type main sequence stars. Examples of such stars include Alpha Centauri A and Tau Ceti. These stars have similar temperature, luminosity, and spectral characteristics to our sun.
I read on Wikipedia that O-type stars can be a milllion times brighter than our Sun.
Main sequence stars best obey the mass-luminosity relation. This empirical relation states that there is a direct relationship between a star's mass and its luminosity. In general, the more massive a main sequence star is, the more luminous it will be.
The analysis is done for individual stars.
Red Dwarf Stars
The most common spectral type of stars in the universe is M, which includes red dwarfs and red giants. These stars are relatively cool and dim compared to other spectral types like O, B, or A.
The red giants like Betelgeuse and Antares are bright and - relatively - cool.
The red giants like Betelgeuse and Antares are bright and - relatively - cool.