Millicom International Cellular Stock Price on September 30, 2024
TIGO Stock | USD 25.59 0.02 0.08% |
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 25.59, as last reported on the 29th of November, with the highest price reaching 25.74 and the lowest price hitting 25.47 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 has Sharpe Ratio of -0.0159, which conveys that the firm had a -0.0159% return per unit of risk over the last 3 months. Millicom International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Millicom International's Mean Deviation of 1.11, standard deviation of 1.39, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
At this time, Millicom International's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 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 29th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 2.65, 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 23.7565 | 50 Day MA 27.0478 | Beta 1.229 |
Millicom |
Sharpe Ratio = -0.0159
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Estimated Market Risk
1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Millicom International is not performing at its full potential. However, 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 Millicom International to a well-diversified portfolio.
Price Book 1.1531 | Enterprise Value Ebitda 4.5844 | Price Sales 0.7501 | Shares Float 101.4 M | Wall Street Target Price 33.0901 |
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Millicom International Valuation on September 30, 2024
It is possible to determine the worth of Millicom International on a given historical date. On September 30, 2024 Millicom was worth 27.19 at the beginning of the trading date compared to the closed value of 27.12. 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 | |
27.76 | 27.84 | 27.65 | 27.76 | 33,540 | |
09/30/2024 | 27.19 | 27.28 | 27.06 | 27.12 | 87,716 |
27.15 | 27.15 | 26.68 | 26.84 | 56,411 |
Backtest Millicom International | | | Millicom International History | | | Millicom International Valuation | Previous | Next |
Millicom International Trading Date Momentum on September 30, 2024
On October 01 2024 Millicom International Cellular was traded for 26.84 at the closing time. The top price for the day was 27.15 and the lowest listed price was 26.68 . The trading volume for the day was 56.4 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.03% . The trading delta at closing time against the current closing price is 1.47% . |
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 | November 29, 2024
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0.00 | 0.00 |
Millicom International Cellular cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Millicom International November 29, 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
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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.27) |
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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 closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Wireless Telecommunication Services space 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 0.92 | Revenue Per Share 34.128 | Quarterly Revenue Growth 0.005 | Return On Assets 0.0499 |
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.