Millicom International Stock Forward View - Simple Exponential Smoothing
| TIGO Stock | USD 60.65 0.38 0.62% |
Millicom Stock outlook is based on your current time horizon. Although Millicom International's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Millicom International's systematic risk associated with finding meaningful patterns of Millicom International fundamentals over time.
The relative strength index (RSI) of Millicom International's stock price is about 63. This usually implies that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Millicom, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 2.897 | EPS Estimate Next Quarter 0.8998 | EPS Estimate Current Year 2.9573 | EPS Estimate Next Year 3.7777 | Wall Street Target Price 57.975 |
Using Millicom International hype-based prediction, you can estimate the value of Millicom International Cellular from the perspective of Millicom International response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Millicom International using Millicom International's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Millicom using crowd psychology based on the activity and movement of Millicom International's stock price.
Millicom International Short Interest
An investor who is long Millicom International may also wish to track short interest. As short interest increases, investors should be becoming more worried about Millicom International and may potentially protect profits, hedge Millicom International with its derivative instruments, or be ready for some potential downside.
200 Day MA 45.0425 | Short Percent 0.0243 | Short Ratio 1.98 | Shares Short Prior Month 2.3 M | 50 Day MA 54.6184 |
Millicom Relative Strength Index
The Simple Exponential Smoothing forecasted value of Millicom International Cellular on the next trading day is expected to be 60.65 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 56.99.Millicom International Hype to Price Pattern
Investor biases related to Millicom International's public news can be used to forecast risks associated with an investment in Millicom. The trend in average sentiment can be used to explain how an investor holding Millicom can time the market purely based on public headlines and social activities around Millicom International Cellular. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Millicom International's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Millicom International.
Millicom International Implied Volatility | 0.61 |
Millicom International's implied volatility exposes the market's sentiment of Millicom International Cellular stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Millicom International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Millicom International stock will not fluctuate a lot when Millicom International's options are near their expiration.
The Simple Exponential Smoothing forecasted value of Millicom International Cellular on the next trading day is expected to be 60.65 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 56.99. Millicom International after-hype prediction price | USD 60.65 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Millicom International to cross-verify your projections. Prediction based on Rule 16 of the current Millicom contract
Based on the Rule 16, the options market is currently suggesting that Millicom International Cellular will have an average daily up or down price movement of about 0.0381% per day over the life of the 2026-04-17 option contract. With Millicom International trading at USD 60.65, that is roughly USD 0.0231 . If you think that the market is fully incorporating Millicom International's daily price movement you should consider acquiring Millicom International Cellular options at the current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Millicom Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Millicom International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Millicom International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Millicom International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Millicom International's open interest, investors have to compare it to Millicom International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Millicom International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Millicom. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Millicom International Additional Predictive Modules
Most predictive techniques to examine Millicom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Millicom using various technical indicators. When you analyze Millicom charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Millicom International Simple Exponential Smoothing Price Forecast For the 4th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Millicom International Cellular on the next trading day is expected to be 60.65 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.82, and the sum of the absolute errors of 56.99.Please note that although there have been many attempts to predict Millicom Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Millicom International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Millicom International Stock Forecast Pattern
| Backtest Millicom International | Millicom International Price Prediction | Research Analysis |
Millicom International Forecasted Value
In the context of forecasting Millicom International's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Millicom International's downside and upside margins for the forecasting period are 58.12 and 63.18, respectively. We have considered Millicom International's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Millicom International stock data series using in forecasting. Note that when a statistical model is used to represent Millicom International stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.708 |
| Bias | Arithmetic mean of the errors | -0.2543 |
| MAD | Mean absolute deviation | 0.9343 |
| MAPE | Mean absolute percentage error | 0.0176 |
| SAE | Sum of the absolute errors | 56.99 |
Predictive Modules for Millicom International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Millicom International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Millicom International After-Hype Price Density Analysis
As far as predicting the price of Millicom International at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Millicom International or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Millicom International, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Millicom International Estimiated After-Hype Price Volatility
In the context of predicting Millicom International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Millicom International's historical news coverage. Millicom International's after-hype downside and upside margins for the prediction period are 58.14 and 63.16, respectively. We have considered Millicom International's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Millicom International is very steady at this time. Analysis and calculation of next after-hype price of Millicom International is based on 3 months time horizon.
Millicom International Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Millicom International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Millicom International backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Millicom International, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.52 | 2.53 | 0.50 | 0.31 | 12 Events / Month | 11 Events / Month | In about 12 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
60.65 | 60.65 | 0.00 |
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Millicom International Hype Timeline
Millicom International is at this time traded for 60.65. The entity has historical hype elasticity of -0.5, and average elasticity to hype of competition of -0.31. Millicom is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.52%. %. The volatility of related hype on Millicom International is about 420.11%, with the expected price after the next announcement by competition of 60.34. About 42.0% of the company outstanding shares are owned by corporate insiders. The book value of Millicom International was at this time reported as 20.01. The company has Price/Earnings To Growth (PEG) ratio of 0.54. Millicom International recorded earning per share (EPS) of 6.39. The entity last dividend was issued on the 8th of April 2026. The firm had 1273:1000 split on the 20th of May 2022. Given the investment horizon of 90 days the next forecasted press release will be in about 12 days. Check out Historical Fundamental Analysis of Millicom International to cross-verify your projections.Millicom International Related Hype Analysis
Having access to credible news sources related to Millicom International's direct competition is more important than ever and may enhance your ability to predict Millicom International's future price movements. Getting to know how Millicom International's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Millicom International may potentially react to the hype associated with one of its peers.
Other Forecasting Options for Millicom International
For every potential investor in Millicom, whether a beginner or expert, Millicom International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Millicom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Millicom. Basic forecasting techniques help filter out the noise by identifying Millicom International's price trends.View Millicom International Related Equities
| Risk & Return | Correlation |
Millicom International Market Strength Events
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 | 43562.86 | |||
| Daily Balance Of Power | (0.16) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 60.58 | |||
| Day Typical Price | 60.6 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.38) | |||
| Relative Strength Index | 63.97 |
Millicom International Risk Indicators
The analysis of Millicom International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Millicom International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting millicom stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.76 | |||
| Semi Deviation | 2.43 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.51 | |||
| Downside Variance | 6.73 | |||
| Semi Variance | 5.92 | |||
| Expected Short fall | (2.02) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Millicom International
The number of cover stories for Millicom International depends on current market conditions and Millicom International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Millicom International is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Millicom International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Millicom International Short Properties
Millicom International's future price predictability will typically decrease when Millicom International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Millicom International Cellular often depends not only on the future outlook of the potential Millicom International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Millicom International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 172.6 M | |
| Cash And Short Term Investments | 699 M |
Check out Historical Fundamental Analysis of Millicom International to cross-verify your projections. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.