MPAA vs. TIGO
MPAA (Motorcar Parts of America, Inc.) and TIGO (Millicom International Cellular S.A.) are both stocks. MPAA operates in Auto Parts (Consumer Cyclical), while TIGO operates in Telecom Services (Communication Services). Over the past 10 years, MPAA returned -6.31%/yr vs 7.92%/yr for TIGO. At a 0.16 correlation, their price movements are largely independent.
Performance
MPAA vs. TIGO - Performance Comparison
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Returns By Period
In the year-to-date period, MPAA achieves a 21.15% return, which is significantly lower than TIGO's 64.89% return. Over the past 10 years, MPAA has underperformed TIGO with an annualized return of -6.31%, while TIGO has yielded a comparatively higher 7.92% annualized return.
MPAA
- 1D
- -1.12%
- 1M
- 37.03%
- YTD
- 21.15%
- 6M
- 20.95%
- 1Y
- 47.29%
- 3Y*
- 28.84%
- 5Y*
- -8.52%
- 10Y*
- -6.31%
TIGO
- 1D
- 2.94%
- 1M
- 2.35%
- YTD
- 64.89%
- 6M
- 69.92%
- 1Y
- 166.71%
- 3Y*
- 85.55%
- 5Y*
- 20.57%
- 10Y*
- 7.92%
MPAA vs. TIGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPAA Motorcar Parts of America, Inc. | 21.15% | 62.37% | -18.63% | -21.25% | -30.52% | -13.00% | -10.94% | 32.39% | -33.41% | -7.17% |
TIGO Millicom International Cellular S.A. | 64.89% | 152.35% | 38.94% | 42.52% | -55.61% | -26.64% | -19.59% | -20.28% | -1.32% | 66.94% |
Correlation
The correlation between MPAA and TIGO is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since May 31, 2011 | 0.16 |
The correlation between MPAA and TIGO shifts across timeframes, from 0.02 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MPAA:
$336.11M
TIGO:
$14.72B
MPAA:
$0.61
TIGO:
$7.34
MPAA:
24.70
TIGO:
11.97
MPAA:
0.39
TIGO:
2.29
MPAA:
1.26
TIGO:
4.69
MPAA:
$789.81M
TIGO:
$6.43B
MPAA:
$159.90M
TIGO:
$4.49B
MPAA:
$68.37M
TIGO:
$3.52B
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Return for Risk
MPAA vs. TIGO — Risk / Return Rank
MPAA
TIGO
MPAA vs. TIGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Motorcar Parts of America, Inc. (MPAA) and Millicom International Cellular S.A. (TIGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPAA | TIGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.83 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.59 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 15.18 | -14.15 |
| Martin ratioReturn relative to average drawdown | 1.79 | 41.82 | -40.03 |
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Drawdowns
MPAA vs. TIGO - Drawdown Comparison
The maximum MPAA drawdown since its inception was -97.82%, which is greater than TIGO's maximum drawdown of -88.26%. Use the drawdown chart below to compare losses from any high point for MPAA and TIGO.
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Drawdown Indicators
| MPAA | TIGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.82% | -88.26% | -9.56% |
Max Drawdown (1Y)Largest decline over 1 year | -46.31% | -11.05% | -35.26% |
Max Drawdown (3Y)Largest decline over 3 years | -53.34% | -17.69% | -35.65% |
Max Drawdown (5Y)Largest decline over 5 years | -81.84% | -75.06% | -6.78% |
Max Drawdown (10Y)Largest decline over 10 years | -86.63% | -84.51% | -2.12% |
Current DrawdownCurrent decline from peak | -62.86% | -6.30% | -56.56% |
Average DrawdownAverage peak-to-trough decline | -51.33% | -45.60% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.47% | 4.00% | +22.47% |
Volatility
MPAA vs. TIGO - Volatility Comparison
Motorcar Parts of America, Inc. (MPAA) has a higher volatility of 33.03% compared to Millicom International Cellular S.A. (TIGO) at 13.80%. This indicates that MPAA's price experiences larger fluctuations and is considered to be riskier than TIGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPAA | TIGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.03% | 13.80% | +19.23% |
Volatility (6M)Calculated over the trailing 6-month period | 45.51% | 29.08% | +16.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.47% | 37.10% | +31.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.99% | 39.92% | +23.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.60% | 38.26% | +17.34% |
Dividends
MPAA vs. TIGO - Dividend Comparison
MPAA has not paid dividends to shareholders, while TIGO's dividend yield for the trailing twelve months is around 6.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MPAA Motorcar Parts of America, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIGO Millicom International Cellular S.A. | 6.26% | 8.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.47% | 4.15% | 3.92% | 6.23% |
Financials
MPAA vs. TIGO - Financials Comparison
This section allows you to compare key financial metrics between Motorcar Parts of America, Inc. and Millicom International Cellular S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MPAA vs. TIGO - Profitability Comparison
MPAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Motorcar Parts of America, Inc. reported a gross profit of 50.38M and revenue of 212.28M. Therefore, the gross margin over that period was 23.7%.
TIGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported a gross profit of 1.04B and revenue of 1.98B. Therefore, the gross margin over that period was 52.3%.
MPAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Motorcar Parts of America, Inc. reported an operating income of 21.06M and revenue of 212.28M, resulting in an operating margin of 9.9%.
TIGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported an operating income of 389.00M and revenue of 1.98B, resulting in an operating margin of 19.6%.
MPAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Motorcar Parts of America, Inc. reported a net income of 9.72M and revenue of 212.28M, resulting in a net margin of 4.6%.
TIGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported a net income of 109.00M and revenue of 1.98B, resulting in a net margin of 5.5%.
Frequently Asked Questions
MPAA and TIGO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPAA has higher volatility (33.03%) compared to TIGO (13.80%). In terms of maximum drawdown, MPAA dropped -97.82% vs TIGO's -88.26%.
TIGO currently has the higher Sharpe Ratio (4.52 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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