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

Correlation

The correlation between VEON and TIGO is 0.22, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

VEON vs. TIGO - Performance Comparison

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

-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%NovemberDecember2025FebruaryMarchApril
-82.61%
-42.70%
VEON
TIGO

Key characteristics

Sharpe Ratio

VEON:

2.47

TIGO:

2.65

Sortino Ratio

VEON:

3.13

TIGO:

3.62

Omega Ratio

VEON:

1.44

TIGO:

1.45

Calmar Ratio

VEON:

1.01

TIGO:

0.78

Martin Ratio

VEON:

19.78

TIGO:

12.98

Ulcer Index

VEON:

4.66%

TIGO:

6.00%

Daily Std Dev

VEON:

37.26%

TIGO:

29.32%

Max Drawdown

VEON:

-97.49%

TIGO:

-100.00%

Current Drawdown

VEON:

-83.10%

TIGO:

-99.99%

Fundamentals

Market Cap

VEON:

$3.13B

TIGO:

$5.42B

EPS

VEON:

$5.56

TIGO:

$1.57

PE Ratio

VEON:

7.97

TIGO:

20.67

PEG Ratio

VEON:

-0.63

TIGO:

0.47

PS Ratio

VEON:

0.78

TIGO:

0.93

PB Ratio

VEON:

3.44

TIGO:

1.41

Total Revenue (TTM)

VEON:

$2.06B

TIGO:

$5.75B

Gross Profit (TTM)

VEON:

$1.44B

TIGO:

$4.06B

EBITDA (TTM)

VEON:

$1.06B

TIGO:

$2.11B

Returns By Period

In the year-to-date period, VEON achieves a 10.52% return, which is significantly lower than TIGO's 38.85% return. Over the past 10 years, VEON has underperformed TIGO with an annualized return of -8.07%, while TIGO has yielded a comparatively higher -5.24% annualized return.


VEON

YTD

10.52%

1M

-3.53%

6M

50.24%

1Y

89.16%

5Y*

1.82%

10Y*

-8.07%

TIGO

YTD

38.85%

1M

6.81%

6M

26.33%

1Y

73.64%

5Y*

3.66%

10Y*

-5.24%

*Annualized

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Risk-Adjusted Performance

VEON vs. TIGO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEON
The Risk-Adjusted Performance Rank of VEON is 9494
Overall Rank
The Sharpe Ratio Rank of VEON is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of VEON is 9696
Sortino Ratio Rank
The Omega Ratio Rank of VEON is 9595
Omega Ratio Rank
The Calmar Ratio Rank of VEON is 8585
Calmar Ratio Rank
The Martin Ratio Rank of VEON is 9999
Martin Ratio Rank

TIGO
The Risk-Adjusted Performance Rank of TIGO is 9494
Overall Rank
The Sharpe Ratio Rank of TIGO is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of TIGO is 9797
Sortino Ratio Rank
The Omega Ratio Rank of TIGO is 9595
Omega Ratio Rank
The Calmar Ratio Rank of TIGO is 8282
Calmar Ratio Rank
The Martin Ratio Rank of TIGO is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VEON vs. TIGO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VEON Ltd. (VEON) 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.


Sharpe ratio
The chart of Sharpe ratio for VEON, currently valued at 2.47, compared to the broader market-2.00-1.000.001.002.003.00
VEON: 2.47
TIGO: 2.65
The chart of Sortino ratio for VEON, currently valued at 3.13, compared to the broader market-6.00-4.00-2.000.002.004.00
VEON: 3.13
TIGO: 3.62
The chart of Omega ratio for VEON, currently valued at 1.44, compared to the broader market0.501.001.502.00
VEON: 1.44
TIGO: 1.45
The chart of Calmar ratio for VEON, currently valued at 1.01, compared to the broader market0.001.002.003.004.00
VEON: 1.01
TIGO: 1.00
The chart of Martin ratio for VEON, currently valued at 19.78, compared to the broader market-5.000.005.0010.0015.0020.00
VEON: 19.78
TIGO: 12.98

The current VEON Sharpe Ratio is 2.47, which is comparable to the TIGO Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of VEON and TIGO, 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 Ratio1.001.502.002.503.003.504.004.50NovemberDecember2025FebruaryMarchApril
2.47
2.65
VEON
TIGO

Dividends

VEON vs. TIGO - Dividend Comparison

VEON has not paid dividends to shareholders, while TIGO's dividend yield for the trailing twelve months is around 5.39%.


TTM20242023202220212020201920182017201620152014
VEON
VEON Ltd.
0.00%0.00%0.00%0.00%0.00%9.93%11.86%9.47%5.97%0.68%0.80%0.65%
TIGO
Millicom International Cellular S.A.
5.39%0.00%0.00%0.00%0.00%0.00%5.47%3.26%3.07%4.89%3.59%2.77%

Drawdowns

VEON vs. TIGO - Drawdown Comparison

The maximum VEON drawdown since its inception was -97.49%, roughly equal to the maximum TIGO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for VEON and TIGO. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%-60.00%NovemberDecember2025FebruaryMarchApril
-83.10%
-60.59%
VEON
TIGO

Volatility

VEON vs. TIGO - Volatility Comparison

VEON Ltd. (VEON) has a higher volatility of 13.90% compared to Millicom International Cellular S.A. (TIGO) at 13.17%. This indicates that VEON'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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
13.90%
13.17%
VEON
TIGO

Financials

VEON vs. TIGO - Financials Comparison

This section allows you to compare key financial metrics between VEON Ltd. 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.


Quarterly
Annual

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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