Millicom International Cellular Stock Price on October 11, 2024

TIGO Stock  USD 26.60  0.20  0.76%   
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 26.60, as last reported on the 26th of November, with the highest price reaching 26.64 and the lowest price hitting 26.40 during the day.
IPO Date
28th of February 1994
200 Day MA
23.6098
50 Day MA
27.1126
Beta
1.229
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Millicom Stock, it is important to understand the factors that can impact its price. As of now, Millicom Stock is very steady. Millicom International has Sharpe Ratio of 0.0183, which conveys that the firm had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Millicom International, which you can use to evaluate the volatility of the firm. Please verify Millicom International's Downside Deviation of 1.48, mean deviation of 1.09, and Risk Adjusted Performance of 0.0245 to check out if the risk estimate we provide is consistent with the expected return of 0.0244%.
  
At this time, Millicom International's Total Stockholder Equity is very stable compared to the past year. As of the 26th 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 26th of November 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.

Sharpe Ratio = 0.0183

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Estimated Market Risk

 1.34
  actual daily
11
89% 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
1
99% of assets perform better
Based on monthly moving average Millicom International is performing at about 1% 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
1.1896
Enterprise Value Ebitda
4.6432
Price Sales
0.7738
Shares Float
101.4 M
Wall Street Target Price
33.0901

Millicom International Valuation on October 11, 2024

It is possible to determine the worth of Millicom International on a given historical date. On October 11, 2024 Millicom was worth 26.66 at the beginning of the trading date compared to the closed value of 26.81. 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
  26.72    26.72    26.36    26.56    47,668  
10/11/2024
  26.66    26.84    26.55    26.81    71,503  
  26.55    27.17    26.53    27.17    108,793  
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Open Value
26.66
26.81
Closing Value
30.67
Upside

Millicom International Trading Date Momentum on October 11, 2024

On October 14 2024 Millicom International Cellular was traded for  27.17  at the closing time. The top price for the day was 27.17  and the lowest listed price was  26.53 . The trading volume for the day was 108.8 K. The trading history from October 14, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 1.34% . The trading delta at closing time against the current closing price is 2.09% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding171.4 M126.4 M
Net Income Applicable To Common Shares159.3 M317.5 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.
A focus of Millicom International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Millicom International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Millicom International Period Price Range

Low
November 26, 2024
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High

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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 26, 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.
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 closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.