Atlassian Stock Alpha and Beta Analysis

TEAM
 Stock
  

USD 122.01  4.44  3.51%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Atlassian Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Atlassian Corp over a specified time horizon. Remember, high Atlassian Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at Atlassian Corp Backtesting, Atlassian Corp Valuation, Atlassian Corp Correlation, Atlassian Corp Hype Analysis, Atlassian Corp Volatility, Atlassian Corp History and analyze Atlassian Corp Performance.
  
Please note that although Atlassian Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Atlassian Corp did 1.07  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Atlassian Corp stock's relative risk over its benchmark. Atlassian Corp has a beta of 1.51  . Let's try to break down what Atlassian's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atlassian Corp will likely underperform.
Atlassian Corp Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 3.88. Tangible Asset Value is expected to hike to about 942.2 M this year, although Enterprise Value over EBIT will most likely fall to (1 K).
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Atlassian Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Atlassian Corp market risk premium is the additional return an investor will receive from holding Atlassian Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Atlassian Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Atlassian Corp's performance over market.
α-1.07   β1.51
90 days against DJI

Atlassian Corp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Atlassian Corp's Buy-and-hold return. Our buy-and-hold chart shows how Atlassian Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Atlassian Corp Market Price Analysis

Market price analysis indicators help investors to evaluate how Atlassian Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlassian Corp shares will generate the highest return on investment. By understating and applying Atlassian Corp stock market price indicators, traders can identify Atlassian Corp position entry and exit signals to maximize returns.

Atlassian Corp Return and Market Media

The median price of Atlassian Corp for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 206.04 with a coefficient of variation of 23.71. The daily time series for the period is distributed with a sample standard deviation of 46.59, arithmetic mean of 196.53, and mean deviation of 38.48. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
EPS Estimate09/30/2022
2
Atlassian Corp exotic insider transaction detected10/03/2022
3
Sale by Scott Farquhar of 2064 shares of Atlassian Corp10/04/2022
4
Sale by Scott Farquhar of 400 shares of Atlassian Corp10/05/2022
5
Sale by Scott Farquhar of 150 shares of Atlassian Corp10/06/2022
6
Sale by Scott Farquhar of 155 shares of Atlassian Corp10/07/2022
7
Sale by Scott Farquhar of 100 shares of Atlassian Corp10/11/2022
8
Sale by Scott Farquhar of 400 shares of Atlassian Corp10/12/2022
9
Sale by Scott Farquhar of 100 shares of Atlassian Corp10/13/2022
10
Sale by Scott Farquhar of 600 shares of Atlassian Corp10/17/2022
11
Sale by Scott Farquhar of 567 shares of Atlassian Corp10/18/2022
12
Sale by Scott Farquhar of 566 shares of Atlassian Corp10/19/2022
13
Sale by Scott Farquhar of 500 shares of Atlassian Corp10/20/2022
14
Sale by Scott Farquhar of 550 shares of Atlassian Corp10/21/2022
15
Sale by Scott Farquhar of 350 shares of Atlassian Corp10/24/2022
16
Sale by Scott Farquhar of 2043 shares of Atlassian Corp10/25/2022
17
Sale by Scott Farquhar of 401 shares of Atlassian Corp10/26/2022
18
Sale by Scott Farquhar of 892 shares of Atlassian Corp10/27/2022
19
Sale by Scott Farquhar of 1564 shares of Atlassian Corp10/28/2022
20
Sale by Scott Farquhar of 1050 shares of Atlassian Corp10/31/2022
21
Sale by Scott Farquhar of 1361 shares of Atlassian Corp11/01/2022
22
Sale by Scott Farquhar of 350 shares of Atlassian Corp11/02/2022
23
EPS Reported11/03/2022
24
Sale by Scott Farquhar of 400 shares of Atlassian Corp11/07/2022
25
Sale by Scott Farquhar of 1361 shares of Atlassian Corp11/09/2022
26
Sale by Scott Farquhar of tradable shares of Atlassian Corp11/10/2022
27
Sale by Scott Farquhar of 2414 shares of Atlassian Corp11/14/2022
28
Sale by Scott Farquhar of 997 shares of Atlassian Corp11/15/2022
29
Sale by Scott Farquhar of 821 shares of Atlassian Corp11/16/2022
30
Sale by Scott Farquhar of 376 shares of Atlassian Corp11/17/2022
31
Sale by Scott Farquhar of 2310 shares of Atlassian Corp11/18/2022
32
Sale by Scott Farquhar of 3006 shares of Atlassian Corp11/21/2022
33
Sale by Scott Farquhar of 915 shares of Atlassian Corp11/22/2022
34
Sale by Scott Farquhar of 1847 shares of Atlassian Corp11/23/2022
35
Have Atlassian Corporation Insiders Been Selling Their Stock...11/25/2022

About Atlassian Corp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Atlassian or other stocks. Alpha measures the amount that position in Atlassian Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Long Term Debt to Equity2.682.23
Interest Coverage11.9512.89

Atlassian Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Atlassian Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atlassian Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Atlassian Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Atlassian Corp. Please utilize our Beneish M Score to check the likelihood of Atlassian Corp's management manipulating its earnings.
Upcoming Quarterly Report27th of January 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End4th of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Additionally, take a look at Atlassian Corp Backtesting, Atlassian Corp Valuation, Atlassian Corp Correlation, Atlassian Corp Hype Analysis, Atlassian Corp Volatility, Atlassian Corp History and analyze Atlassian Corp Performance. Note that the Atlassian Corp information on this page should be used as a complementary analysis to other Atlassian Corp's 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Atlassian Corp price analysis, check to measure Atlassian Corp'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 Atlassian Corp is operating at the current time. Most of Atlassian Corp's value examination focuses on studying past and present price action to predict the probability of Atlassian Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atlassian Corp's price. Additionally, you may evaluate how the addition of Atlassian Corp to your portfolios can decrease your overall portfolio volatility.
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Atlassian Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Atlassian Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atlassian Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...