Millicom International Cellular Stock Price on February 23, 2024
| TIGO Stock | USD 22.61 0.19 0.83% |
Below is the normalized historical share price chart for Millicom International Cellular extending back to December 31, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Millicom International stands at 22.61, as last reported on the 12th of May 2024, with the highest price reaching 22.90 and the lowest price hitting 22.43 during the day.
If you're considering investing in Millicom Stock, it is important to understand the factors that can impact its price. Millicom International appears to be very steady, given 3 months investment horizon. Millicom International has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. By analyzing Millicom International's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Millicom International's Mean Deviation of 1.43, downside deviation of 1.33, and Risk Adjusted Performance of 0.1572 to check out if our risk estimates are consistent with your expectations.
At this time, Millicom International's Total Stockholder Equity is very stable compared to the past year. As of the 12th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 15.2 B, while Common Stock Shares Outstanding is likely to drop about 126.4 M. . At this time, Millicom International's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 12th of May 2024, Price To Operating Cash Flows Ratio is likely to grow to 2.52, while Price To Sales Ratio is likely to drop 0.52. Millicom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of February 1994 | 200 Day MA 17.2785 | 50 Day MA 19.9142 | Beta 1.134 |
Millicom |
Sharpe Ratio = 0.2482
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Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Millicom International is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Millicom International by adding it to a well-diversified portfolio.
Price Book 0.9751 | Enterprise Value Ebitda 4.9388 | Price Sales 0.6081 | Shares Float 120.3 M | Wall Street Target Price 23.95 |
Millicom International Valuation on February 23, 2024
It is possible to determine the worth of Millicom International on a given historical date. On February 23, 2024 Millicom was worth 15.84 at the beginning of the trading date compared to the closed value of 15.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millicom International stock. Still, in general, we apply an absolute valuation method to find Millicom International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Millicom International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millicom International's related companies.
| Open | High | Low | Close | Volume | |
| 15.94 | 16.01 | 15.89 | 16.00 | 34,048 | |
02/23/2024 | 15.84 | 15.95 | 15.76 | 15.91 | 51,612 |
| 15.61 | 15.76 | 15.55 | 15.70 | 80,858 |
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Millicom International Trading Date Momentum on February 23, 2024
| On February 26 2024 Millicom International Cellular was traded for 15.70 at the closing time. The top price for the day was 15.76 and the lowest listed price was 15.55 . The trading volume for the day was 80.9 K. The trading history from February 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.32% . The trading delta at closing time against the current closing price is 14.33% . |
Millicom International Fundamentals Correlations and Trends
By evaluating Millicom International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Millicom International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millicom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Millicom International Stock history
Millicom International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Millicom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millicom International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Millicom International stock prices may prove useful in developing a viable investing in Millicom International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 171.4 M | 126.4 M | |
| Net Income Applicable To Common Shares | 159.3 M | 317.5 M |
Millicom International Stock Technical Analysis
Millicom International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Millicom International Period Price Range
Low | February 23, 2024
| High |
15.84 | 15.91 |
Millicom International May 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Millicom International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millicom International shares will generate the highest return on investment. By undertsting and applying Millicom International stock market strength indicators, traders can identify Millicom International Cellular entry and exit signals to maximize returns
| Accumulation Distribution | 614.81 | |||
| Daily Balance Of Power | 0.3684 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.86 | |||
| Day Typical Price | 15.87 | |||
| Price Action Indicator | 0.09 | |||
| Period Momentum Indicator | 6.7 |
Millicom International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millicom International's price direction in advance. Along with the technical and fundamental analysis of Millicom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millicom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1572 | |||
| Jensen Alpha | 0.4379 | |||
| Total Risk Alpha | 0.2533 | |||
| Sortino Ratio | 0.3233 | |||
| Treynor Ratio | 0.5543 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Millicom International information on this page should be used as a complementary analysis to other Millicom International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Millicom Stock analysis
When running Millicom International's price analysis, check to measure Millicom International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Millicom International is operating at the current time. Most of Millicom International's value examination focuses on studying past and present price action to predict the probability of Millicom International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millicom International's price. Additionally, you may evaluate how the addition of Millicom International to your portfolios can decrease your overall portfolio volatility.
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Is Millicom International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Millicom International. If investors know Millicom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millicom International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 29.194 | Earnings Share 0.01 | Revenue Per Share 33.695 | Quarterly Revenue Growth 0.086 | Return On Assets 0.0401 |
The market value of Millicom International is measured differently than its book value, which is the value of Millicom that is recorded on the company's balance sheet. Investors also form their own opinion of Millicom International's value that differs from its market value or its book value, called intrinsic value, which is Millicom International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millicom International's market value can be influenced by many factors that don't directly affect Millicom International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Millicom International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millicom International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millicom International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.