The best video editing applications have tools that allow you to capture, edit and produce videos recorded by action cams like GoPros and Drift Innovation’s Ghost-S. These tools are generally as good as or better than the ones in the software that comes bundled with the cameras themselves. You can use them to stabilize shaky video, correct fish-eye distortion, enhance color, and pan and zoom around your footage. They can even slow down and reverse the video.
You may want to expand into specialty and high-end features like stop-motion video, multi-camera editing, 3D 360 VR, and support for the official Ultra HD 4K format used by most Blu-ray players. You’ll generally find that the most expensive consumer video editors support these features well, and the cheaper ones either don’t support them or produce lackluster results.

The basic video editing operations such as trimming, splitting are available from the last menu—Edit—and they also snap into view if you double click a clip in your timeline. The Trim tool simply adds start and end handles to the preview window's scrubber line, but you can do the same thing from the main timeline by tapping "Set start point" or "Set end point."
There are tons of in-program effects such as transitions, titles, credits, captions and even included audio scores, meaning you won’t get held up at any step of your editing process. There are panning and shift capabilities, high-quality post-processing zoom, as well as a plethora of color filtering plugins to give you the look you’ll need, even if the raw footage isn’t quite there. You’ll have the ability to export your movies in up to 4K resolution, and the software even supports 360-degree video projects. It’s a great powerhouse for beginners. 

Other recent features include a basic audio editor, the option to make previews for apps you’ve developed, and the even ability to make your own movie trailers complete with transitions and end credits. It’s not a tour de force in terms of video editing, but it’s perfectly suitable for home videos and minor projects. Consider combining it with free audio recording software!
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