Atlassian Stock Market Value

TEAM
 Stock
  

USD 283.37  0.89  0.31%   

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.
Symbol


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.
Quarterly Earnings Growth YOY
1.72
Market Capitalization
71.8 B
Quarterly Revenue Growth YOY
0.36
Return On Assets
-0.0211
Return On Equity
-1.95
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.
0.00
07/20/2022
No Change 0.00  0.0 
In 30 days
08/19/2022
0.00
If you would invest  0.00  in Atlassian Cls on July 20, 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 Salesforce, and Ideanomics. 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
255.03303.30308.07
Details
Intrinsic
Valuation
LowReal ValueHigh
255.03351.54356.31
Details
Naive
Forecast
LowNext ValueHigh
297.11301.88306.65
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

Atlassian Cls appears to be very steady, given 3 months investment horizon. Atlassian Cls A secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had 0.18% 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. By analyzing Atlassian Cls A technical indicators you can presently evaluate if the expected return of 0.88% is justified by implied risk. Please makes use of Atlassian Cls' Mean Deviation of 3.58, risk adjusted performance of 0.2206, and Downside Deviation of 4.54 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Atlassian Cls holds a performance score of 13. The firm shows a Beta (market volatility) of 2.1922, 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 vital to follow Atlassian Cls A historical returns, it is good to be conservative about what you can do with the information regarding equity 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. We have found twenty-eight technical indicators for Atlassian Cls A, which you can use to evaluate the performance of the firm. Please makes use of Atlassian Cls A downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Atlassian Cls price patterns will revert.

Auto-correlation

    
  -0.08  

Very weak reverse predictability

Atlassian Cls A has very weak reverse predictability. Overlapping area represents the amount of predictability between Atlassian Cls time series from 20th of July 2022 to 4th of August 2022 and 4th of August 2022 to 19th of August 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 -0.08 indicates that barely 8.0% of current Atlassian Cls price fluctuation can be explain by its past prices.
Correlation Coefficient-0.08
Spearman Rank Test0.06
Residual Average0.0
Price Variance232.42

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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       Timeline  

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   
Share
       Timeline  

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   
Share
       Timeline  

Atlassian Cls Investors Sentiment

The influence of Atlassian Cls' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atlassian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Atlassian Cls' public news can be used to forecast risks associated with investment in Atlassian. The trend in average sentiment can be used to explain how an investor holding Atlassian can time the market purely based on public headlines and social activities around Atlassian Cls A. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Atlassian Cls' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Atlassian Cls' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Atlassian Cls' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Atlassian Cls.

Atlassian Cls Implied Volatility

    
  46.08  
Atlassian Cls' implied volatility exposes the market's sentiment of Atlassian Cls A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Atlassian Cls' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Atlassian Cls stock will not fluctuate a lot when Atlassian Cls' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atlassian Cls in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atlassian Cls' short interest history, or implied volatility extrapolated from Atlassian Cls options trading.

Currently Active Assets on Macroaxis

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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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...