What is the most performant way for dynamic styling in React-Native?

Here you can do dynamic styling in react native for each styling.

Like this

<Text style={styles.simpleText('red')}>Required field</Text>

// In styling
const styles = StyleSheet.create({
     simpleText: (colorProp = 'black') => ({ // default black set
           fontSize: 14,
           color: colorProp,
     })
})

and you can also pass any data type for conditional styling