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TIGO vs. VEON
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

TIGO vs. VEON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Millicom International Cellular S.A. (TIGO) and VEON Ltd. (VEON). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
8.14%
23.75%
TIGO
VEON

Returns By Period

In the year-to-date period, TIGO achieves a 44.06% return, which is significantly lower than VEON's 60.41% return. Over the past 10 years, TIGO has outperformed VEON with an annualized return of -9.41%, while VEON has yielded a comparatively lower -11.47% annualized return.


TIGO

YTD

44.06%

1M

-5.67%

6M

8.13%

1Y

52.62%

5Y (annualized)

-10.34%

10Y (annualized)

-9.41%

VEON

YTD

60.41%

1M

7.12%

6M

23.78%

1Y

51.85%

5Y (annualized)

-11.14%

10Y (annualized)

-11.47%

Fundamentals


TIGOVEON
Market Cap$4.72B$2.36B
EPS$0.92$4.25
PE Ratio29.897.84
PEG Ratio0.93-0.63
Total Revenue (TTM)$4.42B$2.92B
Gross Profit (TTM)$2.65B$2.32B
EBITDA (TTM)$1.83B$1.08B

Key characteristics


TIGOVEON
Sharpe Ratio1.861.90
Sortino Ratio2.802.95
Omega Ratio1.331.35
Calmar Ratio0.670.64
Martin Ratio9.9311.27
Ulcer Index5.53%5.24%
Daily Std Dev29.56%31.06%
Max Drawdown-99.52%-97.49%
Current Drawdown-70.58%-87.95%

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Correlation

-0.50.00.51.00.2

The correlation between TIGO and VEON is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

TIGO vs. VEON - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Millicom International Cellular S.A. (TIGO) and VEON Ltd. (VEON). 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.


Sharpe ratio
The chart of Sharpe ratio for TIGO, currently valued at 1.86, compared to the broader market-4.00-2.000.002.004.001.861.90
The chart of Sortino ratio for TIGO, currently valued at 2.80, compared to the broader market-4.00-2.000.002.004.002.802.95
The chart of Omega ratio for TIGO, currently valued at 1.33, compared to the broader market0.501.001.502.001.331.35
The chart of Calmar ratio for TIGO, currently valued at 0.67, compared to the broader market0.002.004.006.000.670.64
The chart of Martin ratio for TIGO, currently valued at 9.93, compared to the broader market-10.000.0010.0020.0030.009.9311.27
TIGO
VEON

The current TIGO Sharpe Ratio is 1.86, which is comparable to the VEON Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of TIGO and VEON, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.86
1.90
TIGO
VEON

Dividends

TIGO vs. VEON - Dividend Comparison

Neither TIGO nor VEON has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TIGO
Millicom International Cellular S.A.
0.00%0.00%0.00%0.00%0.00%5.47%3.26%3.07%4.89%3.59%2.77%2.09%
VEON
VEON Ltd.
0.00%0.00%0.00%0.00%9.93%11.86%9.47%5.97%0.68%0.80%0.65%10.64%

Drawdowns

TIGO vs. VEON - Drawdown Comparison

The maximum TIGO drawdown since its inception was -99.52%, roughly equal to the maximum VEON drawdown of -97.49%. Use the drawdown chart below to compare losses from any high point for TIGO and VEON. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%JuneJulyAugustSeptemberOctoberNovember
-70.58%
-87.95%
TIGO
VEON

Volatility

TIGO vs. VEON - Volatility Comparison

The current volatility for Millicom International Cellular S.A. (TIGO) is 7.92%, while VEON Ltd. (VEON) has a volatility of 10.53%. This indicates that TIGO experiences smaller price fluctuations and is considered to be less risky than VEON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
7.92%
10.53%
TIGO
VEON

Financials

TIGO vs. VEON - Financials Comparison

This section allows you to compare key financial metrics between Millicom International Cellular S.A. and VEON Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items