Millicom International (Sweden) Performance
| TIGO-SDB | SEK 292.00 2.20 0.76% |
Millicom International has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Millicom International are expected to decrease at a much lower rate. During the bear market, Millicom International is likely to outperform the market. Millicom International right now secures a risk of 1.23%. Please verify Millicom International Cellular jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Millicom International Cellular will be following its current price movements.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Millicom International Cellular are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, Millicom International may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 895 M |
Millicom |
Millicom International Relative Risk vs. Return Landscape
If you would invest 26,740 in Millicom International Cellular on August 28, 2024 and sell it today you would earn a total of 2,460 from holding Millicom International Cellular or generate 9.2% return on investment over 90 days. Millicom International Cellular is generating 0.145% of daily returns and assumes 1.2262% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Millicom, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Millicom International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millicom International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Millicom International Cellular, and traders can use it to determine the average amount a Millicom International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1182
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Millicom International is performing at about 9% 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.
Millicom International Fundamentals Growth
Millicom Stock prices reflect investors' perceptions of the future prospects and financial health of Millicom International, and Millicom International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Millicom Stock performance.
| Return On Equity | 0.005 | |||
| Return On Asset | 0.0376 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 101.5 B | |||
| Shares Outstanding | 170.89 M | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 4.06 X | |||
| Revenue | 5.62 B | |||
| EBITDA | 2.16 B | |||
| Cash And Equivalents | 895 M | |||
| Cash Per Share | 9.57 X | |||
| Total Debt | 6.62 B | |||
| Debt To Equity | 230.90 % | |||
| Book Value Per Share | 21.10 X | |||
| Cash Flow From Operations | 1.28 B | |||
| Earnings Per Share | 52.07 X | |||
| Total Asset | 14.2 B | |||
About Millicom International Performance
By analyzing Millicom International's fundamental ratios, stakeholders can gain valuable insights into Millicom International's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Millicom International has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Millicom International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Millicom International performance evaluation
Checking the ongoing alerts about Millicom International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Millicom International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Millicom International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Millicom International Cellular has accumulated 6.62 B in total debt with debt to equity ratio (D/E) of 230.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Millicom International has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Millicom International until it has trouble settling it off, either with new capital or with free cash flow. So, Millicom International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Millicom International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Millicom to invest in growth at high rates of return. When we think about Millicom International's use of debt, we should always consider it together with cash and equity. |
- Analyzing Millicom International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Millicom International's stock is overvalued or undervalued compared to its peers.
- Examining Millicom International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Millicom International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millicom International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Millicom International's stock. These opinions can provide insight into Millicom International's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Millicom Stock analysis
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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