Atlassian Stock Performance


USD 293.08  14.22  5.10%   

On a scale of 0 to 100, Atlassian Cls holds a performance score of 14. The firm shows a Beta (market volatility) of 2.529, 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.
Atlassian Performance
14 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Atlassian Cls A are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively sluggish basic indicators, Atlassian Cls revealed solid returns over the last few months and may actually be approaching a breakup point. ...more

Atlassian Price Channel

Quick Ratio1.09
Fifty Two Week Low159.54
Target High Price550.00
Fifty Two Week High483.13
Target Low Price200.00

Atlassian Cls Relative Risk vs. Return Landscape

If you would invest  16,824  in Atlassian Cls A on May 12, 2022 and sell it today you would earn a total of  11,062  from holding Atlassian Cls A or generate 65.75% return on investment over 90 days. Atlassian Cls A is currently generating 0.9641% in daily expected returns and assumes 5.2322% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Atlassian, and 82% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Atlassian Cls is expected to generate 4.11 times more return on investment than the market. However, the company is 4.11 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

Atlassian Cls Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlassian Cls' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atlassian Cls A, and traders can use it to determine the average amount a Atlassian Cls' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1843

Good Returns
Average Returns
Small ReturnsTEAM
Negative Returns
Estimated Market Risk
  actual daily
 45 %
of total potential
Expected Return
  actual daily
 18 %
of total potential
Risk-Adjusted Return
  actual daily
 14 %
of total potential
Based on monthly moving average Atlassian Cls is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlassian Cls by adding it to a well-diversified portfolio.

About Atlassian Cls Performance

To evaluate Atlassian Cls A Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Atlassian Cls generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Atlassian Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Atlassian Cls A stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Atlassian's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-180.9 K-195.2 K
Return on Investment 8.68  9.36 
Return on Average Assets(23.42) (24.04) 
Return on Average Equity(184.04) (188.88) 
Return on Invested Capital(0.0241) (0.0247) 
Return on Sales(0.0126) (0.0129) 
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Atlassian Corporation Plc was founded in 2002 and is headquartered in Sydney, Australia. Atlassian Cls operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 8179 people.

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

Equity Alerts and Improvement Suggestions

Atlassian Cls A is way too risky over 90 days horizon
Atlassian Cls A appears to be risky and price may revert if volatility continues
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
Latest headline from How Will the Market React to Momentive Global Inc Stock Getting a Bullish Rating - InvestorsObserver
Additionally, take a look at World Market Map. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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.