Millicom International (Sweden) Today
| TIGO-SDB | SEK 219.00 4.20 1.96% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Millicom International is trading at 219.00 as of the 19th of April 2024, a 1.96 percent up since the beginning of the trading day. The stock's lowest day price was 215.4. Millicom International has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Millicom International Cellular are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. Millicom International Cellular S.A. was founded in 1990 and is headquartered in Luxembourg City, Luxembourg. Millicom International is traded on Stockholm Stock Exchange in Sweden.. The company has 170.89 M outstanding shares. More on Millicom International Cellular
Moving together with Millicom Stock
| 0.7 | TELIA | Telia Company Earnings Call This Week | PairCorr |
| 0.79 | TEL2-B | Tele2 AB | PairCorr |
| 0.66 | TEL2-A | Tele2 AB | PairCorr |
Moving against Millicom Stock
| 0.67 | NETEL | Netel Holding AB Earnings Call This Week | PairCorr |
| 0.54 | SINCH | Sinch AB | PairCorr |
Follow Valuation Odds of Bankruptcy
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Millicom Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Millicom International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Millicom International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Telecom Services, Communication Services (View all Sectors) |
Millicom International Cellular (TIGO-SDB) is traded on Stockholm Exchange in Sweden and employs 20,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 36.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Millicom International's market, we take the total number of its shares issued and multiply it by Millicom International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Millicom International operates under Communication Services sector and is part of Telecom Services industry. The entity has 170.89 M outstanding shares.
Millicom International Cellular has accumulated about 895 M in cash with 1.28 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.57.
Check Millicom International Probability Of Bankruptcy
Ownership AllocationMillicom International maintains a total of 170.89 Million outstanding shares. 30% of Millicom International outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Millicom Ownership Details
Millicom Stock Price Odds Analysis
What are Millicom International's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Millicom International jumping above the current price in 90 days from now is about 6.0%. The Millicom International Cellular probability density function shows the probability of Millicom International stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Millicom International Cellular has a beta of -0.0944. This usually implies as returns on the benchmark increase, returns on holding Millicom International are expected to decrease at a much lower rate. During a bear market, however, Millicom International Cellular is likely to outperform the market. Additionally, millicom International Cellular has an alpha of 0.2441, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Millicom International to move above the current price in 90 days from now is about 6.0 (This Millicom International Cellular probability density function shows the probability of Millicom Stock to fall within a particular range of prices over 90 days) .
Millicom International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Millicom International market risk premium is the additional return an investor will receive from holding Millicom International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Millicom International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Millicom International's alpha and beta are two of the key measurements used to evaluate Millicom International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.29 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.92 |
Millicom Stock Against Markets
Picking the right benchmark for Millicom International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Millicom International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Millicom International is critical whether you are bullish or bearish towards Millicom International Cellular at a given time. Please also check how Millicom International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Millicom International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Millicom International Corporate Management
Elected by the shareholders, the Millicom International's board of directors comprises two types of representatives: Millicom International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Millicom. The board's role is to monitor Millicom International's management team and ensure that shareholders' interests are well served. Millicom International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Millicom International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy BA | Advisor | Profile | |
| Xavier Rocoplan | Ex Officer | Profile | |
| Salvador Escalon | Chief VP | Profile | |
| Vivian Kobeh | Co Director | Profile | |
| Bruno Nieuwland | Chief Officer | Profile | |
| Michel CFA | VP Relations | Profile | |
| Bart Vanhaeren | VP Fin | Profile |
How to buy Millicom Stock?
Before investing in Millicom International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Millicom International. To buy Millicom International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Millicom International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Millicom International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Millicom International Cellular stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Millicom International Cellular stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Millicom International Cellular, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Millicom Stock please use our How to Invest in Millicom International guide.
Already Invested in Millicom International Cellular?
The danger of trading Millicom International Cellular is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Millicom International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Millicom International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Millicom International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Millicom International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millicom International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millicom International Cellular Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millicom International Cellular Stock: 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 board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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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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