Atlassian Stock Market Value

TEAM
 Stock
  

USD 210.59  1.74  0.82%   

Atlassian Cls' market value is the price at which a share of Atlassian Cls stock trades on a public exchange. It measures the collective expectations of Atlassian Cls A investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Atlassian Cls A and determine expected loss or profit from investing in Atlassian Cls over a given investment horizon. Additionally, take a look at Atlassian Cls Correlation, Atlassian Cls Volatility and Atlassian Cls Alpha and Beta module to complement your research on Atlassian Cls.
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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.

Atlassian Cls 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Atlassian Cls' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Atlassian Cls.
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09/02/2022
No Change 0.00  0.0 
In 31 days
10/02/2022
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If you would invest  0.00  in Atlassian Cls on September 2, 2022 and sell it all today you would earn a total of 0.00 from holding Atlassian Cls A or generate 0.0% return on investment in Atlassian Cls over 30 days. Atlassian Cls is related to or competes with On Assignment, Dolby Laboratories, Genpact, Jack Henry, Gartner, Infosys, and Cap Gemini. Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software product... More

Atlassian Cls Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Atlassian Cls' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Atlassian Cls A upside and downside potential and time the market with a certain degree of confidence.

Atlassian Cls Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlassian Cls' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlassian Cls' standard deviation. In reality, there are many statistical measures that can use Atlassian Cls historical prices to predict the future Atlassian Cls' volatility.
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
208.71212.65216.59
Details
Intrinsic
Valuation
LowReal ValueHigh
189.53282.09286.03
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 A Backtested Returns

We consider Atlassian Cls very steady. Atlassian Cls A secures Sharpe Ratio (or Efficiency) of 0.0229, which signifies that the company had 0.0229% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Atlassian Cls A, which you can use to evaluate the future volatility of the firm. Please confirm Atlassian Cls A Risk Adjusted Performance of 0.068, downside deviation of 3.41, and Mean Deviation of 2.9 to double-check if the risk estimate we provide is consistent with the expected return of 0.0902%.
Atlassian Cls has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.8129, which signifies a somewhat significant risk relative to the market. 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 Cls will likely underperform. Although it is important to respect Atlassian Cls A historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Atlassian Cls A technical indicators, you can presently evaluate if the expected return of 0.0902% will be sustainable into the future. Atlassian Cls A right now shows a risk of 3.94%. Please confirm Atlassian Cls A downside variance, and the relationship between the treynor ratio and kurtosis to decide if Atlassian Cls A will be following its price patterns.

Auto-correlation

    
  -0.69  

Very good reverse predictability

Atlassian Cls A has very good reverse predictability. Overlapping area represents the amount of predictability between Atlassian Cls time series from 2nd of September 2022 to 17th of September 2022 and 17th of September 2022 to 2nd of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Atlassian Cls A price movement. The serial correlation of -0.69 indicates that around 69.0% of current Atlassian Cls price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.5
Residual Average0.0
Price Variance105.51

Atlassian Cls A lagged returns against current returns

Autocorrelation, which is Atlassian Cls stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Atlassian Cls' stock expected returns. We can calculate the autocorrelation of Atlassian Cls returns to help us make a trade decision. For example, suppose you find that Atlassian Cls stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Atlassian Cls regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Atlassian Cls stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlassian Cls stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlassian Cls stock over time.
   Current vs Lagged Prices   
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Atlassian Cls Lagged Returns

When evaluating Atlassian Cls' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlassian Cls stock have on its future price. Atlassian Cls autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Atlassian Cls autocorrelation shows the relationship between Atlassian Cls stock current value and its past values and can show if there is a momentum factor associated with investing in Atlassian Cls A.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atlassian Cls without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Atlassian Cls Correlation, Atlassian Cls Volatility and Atlassian Cls Alpha and Beta module to complement your research on Atlassian Cls. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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Atlassian Cls 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 Cls technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atlassian Cls 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...