Atlassian Stock Probability of Future Stock Price Finishing Over 213.61

TEAM
 Stock
  

USD 213.61  3.95  1.82%   

Atlassian Cls' future price is the expected price of Atlassian Cls instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Atlassian Cls A performance during a given time horizon utilizing its historical volatility.
  
Atlassian Cls' implied volatility is one of the determining factors in the pricing options written on Atlassian Cls A. Implied volatility approximates the future value of Atlassian Cls based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Atlassian Cls A over a specific time period. For example, 2022-09-30 CALL at $215.0 is a CALL option contract on Atlassian Cls' common stock with a strick price of 215.0 expiring on 2022-09-30. The contract was last traded on 2022-09-23 at 12:25:16 for $8.87 and, as of today, has 4 days remaining before the expiration. The option is currently trading at a bid price of $8.6, and an ask price of $9.2. The implied volatility as of the 26th of September is 67.6033. View All Atlassian options

Closest to current price Atlassian long CALL Option Payoff at Expiration

Additionally, take a look at Atlassian Cls Backtesting, Atlassian Cls Valuation, Atlassian Cls Correlation, Atlassian Cls Hype Analysis, Atlassian Cls Volatility, Atlassian Cls History as well as Atlassian Cls Performance. Please specify Atlassian Cls time horizon, a valid symbol (red box) and a target price (blue box) you would like Atlassian Cls odds to be computed.

Atlassian Cls Target Price Odds to finish over 213.61

The tendency of Atlassian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 213.61 90 days 213.61 
about 70.37
Based on a normal probability distribution, the odds of Atlassian Cls to move above the current price in 90 days from now is about 70.37 (This Atlassian Cls A probability density function shows the probability of Atlassian Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.99 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atlassian Cls will likely underperform. Additionally The company has an alpha of 0.4117, implying that it can generate a 0.41 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Atlassian Cls Price Density   
       Price  

Predictive Modules for Atlassian Cls

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlassian Cls A. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Atlassian Cls' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Atlassian Cls in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
198.88227.85231.95
Details
Intrinsic
Valuation
LowReal ValueHigh
198.88289.17293.27
Details
Naive
Forecast
LowNext ValueHigh
231.82235.92240.02
Details
11 Analysts
Consensus
LowTarget PriceHigh
282.00442.38525.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlassian Cls. Your research has to be compared to or analyzed against Atlassian Cls' peers to derive any actionable benefits. When done correctly, Atlassian Cls' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Atlassian Cls A.

Atlassian Cls Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlassian Cls is not an exception. The market had few large corrections towards the Atlassian Cls' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Atlassian Cls A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlassian Cls within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.41
β
Beta against DOW1.99
σ
Overall volatility
32.24
Ir
Information ratio 0.09

Atlassian Cls Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Atlassian Cls for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atlassian Cls A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Atlassian Cls A has very high historical volatility over the last 90 days
Atlassian Cls A is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 2.6 B. Net Loss for the year was (721.73 M) with profit before overhead, payroll, taxes, and interest of 1.75 B.
Over 90.0% of the company shares are owned by institutional investors

Atlassian Cls Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Atlassian Stock often depends not only on the future outlook of the current and potential Atlassian Cls' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Atlassian Cls' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.33%
Short Percent Of Float2.39%
Float Shares143.65M
Shares Short Prior Month4.55M
Average Daily Volume Last 10 Day1.46M
Average Daily Volume In Three Month1.75M
Date Short Interest15th of July 2022

Atlassian Cls Technical Analysis

Atlassian Cls' future price can be derived by breaking down and analyzing its technical indicators over time. Atlassian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlassian Cls A. In general, you should focus on analyzing Atlassian Stock price patterns and their correlations with different microeconomic environments and drivers.

Atlassian Cls Predictive Forecast Models

Atlassian Cls time-series forecasting models is one of many Atlassian Cls' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Atlassian Cls' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Atlassian Cls A

Checking the ongoing alerts about Atlassian Cls for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atlassian Cls A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Atlassian Cls Alerts

Atlassian Cls Alerts and Suggestions

Atlassian Cls A has very high historical volatility over the last 90 days
Atlassian Cls A is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 2.6 B. Net Loss for the year was (721.73 M) with profit before overhead, payroll, taxes, and interest of 1.75 B.
Over 90.0% of the company shares are owned by institutional investors
Additionally, take a look at Atlassian Cls Backtesting, Atlassian Cls Valuation, Atlassian Cls Correlation, Atlassian Cls Hype Analysis, Atlassian Cls Volatility, Atlassian Cls History as well as Atlassian Cls Performance. Note that the Atlassian Cls A information on this page should be used as a complementary analysis to other Atlassian Cls' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Atlassian Stock analysis

When running Atlassian Cls A price analysis, check to measure Atlassian Cls' 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 Atlassian Cls is operating at the current time. Most of Atlassian Cls' value examination focuses on studying past and present price action to predict the probability of Atlassian Cls' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atlassian Cls' price. Additionally, you may evaluate how the addition of Atlassian Cls to your portfolios can decrease your overall portfolio volatility.
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Is Atlassian Cls' industry 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 Atlassian Cls. If investors know Atlassian 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 Atlassian Cls listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atlassian Cls A is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Cls' value that differs from its market value or its book value, called intrinsic value, which is Atlassian Cls' 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 Atlassian Cls' market value can be influenced by many factors that don't directly affect Atlassian Cls' 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 Atlassian Cls' value and its price as these two are different measures arrived at by different means. Investors typically determine Atlassian Cls value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Cls' 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.