Atlassian Stock Market Value

TEAM
 Stock
  

USD 136.11  4.89  3.47%   

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


Is Atlassian Corp's 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 Corp. 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 Corp 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
36 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
(0.0363) 
Return On Equity
(0.96) 
The market value of Atlassian Corp Plc 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp's 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 Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp's 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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Atlassian Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp's 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 Corp '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 Corp's 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 Corp.
0.00
12/15/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2022
0.00
If you would invest  0.00  in Atlassian Corp on December 15, 2020 and sell it all today you would earn a total of 0.00 from holding Atlassian Corp Plc or generate 0.0% return on investment in Atlassian Corp over 720 days. Atlassian Corp is related to or competes with Absolute Software, and ADEIA CORP. Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products wo... More

Atlassian Corp 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 Corp's 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 Corp Plc upside and downside potential and time the market with a certain degree of confidence.

Atlassian Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlassian Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlassian Corp's standard deviation. In reality, there are many statistical measures that can use Atlassian Corp historical prices to predict the future Atlassian Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Atlassian Corp's 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 Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
135.59141.39147.19
Details
Intrinsic
Valuation
LowReal ValueHigh
126.90213.17218.97
Details
11 Analysts
Consensus
LowTarget PriceHigh
282.00442.38525.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
0.030.160.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlassian Corp. Your research has to be compared to or analyzed against Atlassian Corp's peers to derive any actionable benefits. When done correctly, Atlassian Corp's 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 Corp Plc.

Atlassian Corp Plc Backtested Returns

Atlassian Corp appears to be very steady, given 1 month investment horizon. Atlassian Corp Plc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had 0.17% of return per unit of risk over the last month. 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 Corp Plc technical indicators you can presently evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Atlassian Corp's risk adjusted performance of (0.08), and Mean Deviation of 5.01 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Atlassian Corp holds a performance score of 13. The firm shows a Beta (market volatility) of 1.4096, 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 Corp will likely underperform. Although it is vital to follow Atlassian Corp Plc 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 Corp Plc, which you can use to evaluate the performance of the firm. Please makes use of Atlassian Corp Plc downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Atlassian Corp price patterns will revert.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Atlassian Corp Plc has modest reverse predictability. Overlapping area represents the amount of predictability between Atlassian Corp time series from 15th of December 2020 to 10th of December 2021 and 10th of December 2021 to 5th of December 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 Corp Plc price movement. The serial correlation of -0.48 indicates that about 48.0% of current Atlassian Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.65
Residual Average0.0
Price Variance4214.65

Atlassian Corp Plc lagged returns against current returns

Autocorrelation, which is Atlassian Corp 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 Corp's stock expected returns. We can calculate the autocorrelation of Atlassian Corp returns to help us make a trade decision. For example, suppose you find that Atlassian Corp 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 Corp 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 Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlassian Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlassian Corp stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Atlassian Corp Lagged Returns

When evaluating Atlassian Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlassian Corp stock have on its future price. Atlassian Corp 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 Corp autocorrelation shows the relationship between Atlassian Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Atlassian Corp Plc.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atlassian Corp 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 Corp Correlation, Atlassian Corp Volatility and Atlassian Corp Alpha and Beta module to complement your research on Atlassian Corp. Note that the Atlassian Corp Plc 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Atlassian Corp Plc 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...