Millicom Competitors
| TIGO Stock | USD 61.04 0.01 0.02% |
Millicom International vs ATN International Correlation
Poor diversification
The correlation between Millicom International Cellula and ATNI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Millicom International Cellula and ATNI in the same portfolio, assuming nothing else is changed.
Moving together with Millicom Stock
Moving against Millicom Stock
| 0.78 | SURG | Surgepays | PairCorr |
| 0.68 | HNHPF | Hon Hai Precision | PairCorr |
| 0.67 | TMUS | T Mobile | PairCorr |
| 0.61 | JD | JD Inc Adr | PairCorr |
| 0.49 | AMX | America Movil SAB | PairCorr |
Millicom International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Millicom International and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Millicom and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Millicom International does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Millicom Stock performing well and Millicom International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Millicom International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KT | 0.83 | 0.16 | 0.13 | 0.72 | 0.79 | 1.82 | 4.22 | |||
| TLK | 1.46 | 0.08 | 0.02 | 0.29 | 2.74 | 2.94 | 17.24 | |||
| SKM | 1.15 | 0.50 | 0.36 | (0.83) | 0.63 | 2.69 | 11.33 | |||
| PHI | 0.98 | 0.24 | 0.19 | 3.33 | 0.79 | 2.33 | 7.29 | |||
| VIV | 1.49 | 0.16 | 0.06 | 0.40 | 2.16 | 3.13 | 11.53 | |||
| TIMB | 1.38 | 0.04 | 0.01 | 0.19 | 2.00 | 2.60 | 8.26 | |||
| LBRDK | 1.76 | (0.27) | 0.00 | (0.17) | 0.00 | 4.16 | 10.17 | |||
| LBRDA | 1.78 | (0.27) | 0.00 | (0.17) | 0.00 | 4.01 | 10.23 | |||
| CCOI | 3.94 | (0.74) | 0.00 | (0.54) | 0.00 | 6.76 | 37.44 | |||
| CHTR | 1.75 | (0.29) | 0.00 | (0.19) | 0.00 | 3.98 | 9.83 |
Cross Equities Net Income Analysis
Compare Millicom International and related stocks such as KT Corporation, Telkom Indonesia Tbk, and SK Telecom Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KT | 190.4 B | 1.4 T | 1.1 T | (162.4 B) | (966.2 B) | 553 B | 711.1 B | 476.7 B | 688.5 B | 669.3 B | 700.9 B | 1.4 T | 1.3 T | 993.3 B | 470.3 B | 423.3 B | 668.5 B |
| TLK | 2.3 T | 10.1 T | 12.6 T | 14 T | 14.4 T | 15.5 T | 19.3 T | 22.1 T | 17.8 T | 19.1 T | 21.1 T | 24.9 T | 20.7 T | 24.4 T | 23.6 T | 27.2 T | 28.5 T |
| SKM | 150.4 B | 1.6 T | 1.2 T | 1.6 T | 1.8 T | 1.5 T | 1.7 T | 2.6 T | 3.1 T | 888.7 B | 1.5 T | 2.4 T | 912.4 B | 1.1 T | 1.3 T | 1.4 T | 1.6 T |
| PHI | 5.5 B | 31.3 B | 35.6 B | 35.4 B | 34.1 B | 22.1 B | 20 B | 13.4 B | 18.9 B | 22.5 B | 24.3 B | 26.4 B | 10.5 B | 26.6 B | 32.3 B | 37.2 B | 23.1 B |
| VIV | 550.2 M | 4.4 B | 4.5 B | 3.7 B | 4.9 B | 3.3 B | 4.1 B | 4.6 B | 8.9 B | 5 B | 4.8 B | 6.2 B | 4.1 B | 5 B | 5.5 B | 6.4 B | 3.7 B |
| TIMB | 119.7 M | 1.3 B | 1.4 B | 1.5 B | 1.5 B | 2.1 B | 750.4 M | 1.2 B | 2.5 B | 3.6 B | 1.8 B | 3 B | 1.7 B | 2.8 B | 3.2 B | 3.6 B | 3.8 B |
| LBRDK | 607.4 M | 607.4 M | 44.2 M | (41.7 M) | (134.6 M) | (50.2 M) | 917.3 M | 2 B | 70 M | 117.2 M | 397.6 M | 732 M | 1.3 B | 688 M | 869 M | 999.4 M | 589.8 M |
| LBRDA | 607.4 M | 607.4 M | 44.2 M | (41.7 M) | (134.6 M) | (50.2 M) | 917.3 M | 2 B | 70 M | 117.2 M | 397.6 M | 732 M | 1.3 B | 688 M | 869 M | 999.4 M | 589.8 M |
| CCOI | (11.8 M) | 7.5 M | (4.3 M) | 56.7 M | 797 K | 4.9 M | 14.9 M | 5.9 M | 28.7 M | 37.5 M | 6.2 M | 48.2 M | 5.1 M | 1.3 B | (204.1 M) | (234.7 M) | (223 M) |
| CHTR | (2 K) | (369 M) | (304 M) | (169 M) | (183 M) | (271 M) | 3.5 B | 9.9 B | 1.2 B | 1.7 B | 3.2 B | 4.7 B | 5.1 B | 4.6 B | 5.1 B | 5 B | 5.2 B |
| LILA | 43.6 M | 43.6 M | 43.6 M | (39.1 M) | 12 M | 43.9 M | (255.5 M) | (778.1 M) | (345.2 M) | (106.1 M) | (682.2 M) | (440.6 M) | (170.7 M) | (73.6 M) | (657 M) | (591.3 M) | (561.7 M) |
| LBTYK | (129.7 M) | (772.7 M) | (648.4 M) | (963.9 M) | (695 M) | (1.2 B) | 1.7 B | (2.8 B) | 725.3 M | 11.5 B | (1.6 B) | 13.4 B | 1.5 B | (4.1 B) | 1.6 B | 1.8 B | 1.1 B |
| LBTYA | (129.7 M) | (772.7 M) | (648.4 M) | (963.9 M) | (695 M) | (1.2 B) | 1.7 B | (2.8 B) | 725.3 M | 11.5 B | (1.6 B) | 13.4 B | 1.5 B | (4.1 B) | 1.6 B | 1.8 B | 1.1 B |
| TDS | 8.6 M | 200.6 M | 81.9 M | 141.9 M | (136.4 M) | 219 M | 43 M | 153 M | 135 M | 121 M | 226 M | 156 M | 62 M | (500 M) | (28 M) | (25.2 M) | (23.9 M) |
| SHEN | 4 M | 13 M | 16.3 M | 29.6 M | 33.9 M | 40.9 M | (895 K) | 66.4 M | 46.6 M | 55.5 M | 125.7 M | 998.8 M | (8.4 M) | 8 M | 190.4 M | 218.9 M | 229.9 M |
| WOW | (27.3 M) | (27.3 M) | (27.3 M) | (27.3 M) | (27.3 M) | (48.7 M) | 26.3 M | 159.5 M | (90.6 M) | 36.4 M | 14.4 M | 770.5 M | (2.5 M) | (287.7 M) | (58.8 M) | (67.6 M) | (64.2 M) |
| ATNI | (100 K) | 21.8 M | 48.9 M | 311.7 M | 48.2 M | 16.9 M | 12.5 M | 31.5 M | 19.8 M | (10.8 M) | (14.1 M) | (22.1 M) | (5.6 M) | (14.5 M) | (26.4 M) | (30.4 M) | (28.9 M) |
Millicom International and related stocks such as KT Corporation, Telkom Indonesia Tbk, and SK Telecom Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Millicom International financial statement analysis. It represents the amount of money remaining after all of Millicom International Cellular operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Millicom International Competitive Analysis
The better you understand Millicom International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Millicom International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Millicom International's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Millicom International Competition Performance Charts
Five steps to successful analysis of Millicom International Competition
Millicom International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Millicom International in relation to its competition. Millicom International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Millicom International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Millicom International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Millicom International, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Millicom International Correlation with its peers. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Will Wireless Telecommunication Services sector continue expanding? Could Millicom diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Millicom International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 2.897 | Dividend Share 3.75 | Earnings Share 6.39 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
Investors evaluate Millicom International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Millicom International's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Millicom International's market price to deviate significantly 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. Conversely, Millicom International's market price signifies the transaction level at which participants voluntarily complete trades.