Atlassian Competitors

Stocks . Brazil . 
Stock . Atlassian Plc
T1AM34 Stock  BRL 75.11  1.47  2.00%   
Atlassian Plc competes with Salesforce, Micron Technology, Southwest Airlines, Charter Communications, and Costco Wholesale; as well as few others. The company operates under Technology sector and is part of Software—Application industry. Analyzing Atlassian Plc competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Atlassian Plc to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Atlassian Plc Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Atlassian Plc competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
71.9575.1178.27
Details
Intrinsic
Valuation
LowRealHigh
67.6079.3982.55
Details
Naive
Forecast
LowNextHigh
73.7076.8680.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
73.2374.6276.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlassian Plc. Your research has to be compared to or analyzed against Atlassian Plc's peers to derive any actionable benefits. When done correctly, Atlassian Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Atlassian Plc.

Atlassian Plc Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atlassian Plc and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Atlassian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Atlassian Plc does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
U1AL34
+ 0.96
SSFO34
COWC34
+ 0.82
CHCM34
COWC34
+ 0.81
SSFO34
U1AL34
+ 0.79
COWC34
CHCM34
+ 0.75
SSFO34
MUTC34
+ 0.73
SSFO34
  
High negative correlations   
GOAU3
- 0.5
S1OU34
GOAU3
- 0.43
MUTC34
U1AL34
- 0.17
GOAU3
GOAU3
- 0.13
SSFO34

Risk-Adjusted Indicators

There is a big difference between Atlassian Stock performing well and Atlassian Plc Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Atlassian Plc's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Atlassian Plc Competitive Analysis

The better you understand Atlassian Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atlassian Plc's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Atlassian Plc's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
T1AM34 SSFO34 MUTC34 S1OU34 CHCM34 COWC34 GOAU3 U1AL34
 2.00 
 75.11 
Atlassian
 0.76 
 89.99 
Salesforce
 0.19 
 99.00 
Micron
 0.00 
 164.56 
Southwest
 0.35 
 37.48 
Charter
 0.61 
 139.58 
Costco
 0.55 
 10.96 
Metalurgica
 0.1 
 276.75 
United
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Market Performance
(90 Days Performance)
Solid
Solid
Insignificant
Modest
OK
OK
Weak
Very Strong
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Buy
Strong Sell
Strong Sell
Hold
Strong Sell
Hold
Hold
Current Ratio
0.70 X
0.96 X
3.18 X
1.54 X
0.47 X
0.98 X
1.85 X
1.13 X
Net Asset
3.36 B
95.21 B
66.28 B
36.32 B
144.52 B
64.17 B
74.61 B
68.17 B
Profit Margin
(0.13) %
0.01 %
0.23 %
0.02 %
0.09 %
0.03 %
0.05 %
0.02 %
EBITDA
(444.79 M)
3.85 B
16.88 B
3.03 B
20.92 B
8 B
13.52 B
1.5 B
Operating Margin
(0.10) %
0.02 %
0.25 %
0.05 %
0.23 %
0.03 %
0.22 %
0.06 %
Current Valuation
182.33 B
724.62 B
305.76 B
101.61 B
839.88 B
1.11 T
22.27 B
167.14 B
Price To Book
73.37 X
2.27 X
1.19 X
2.07 X
6.50 X
10.07 X
0.98 X
2.74 X
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
1.64 B
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
17.92 B
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
2.34 %
N/A
Beta
0.83
1.19
1.34
1.14
1.13
0.78
1.22
1.44
Number Of Employees
8.81 K
73.54 K
49 K
66.66 K
101.7 K
304 K
27
92.8 K
Shares Outstanding
5.13 B
22 B
6.55 B
594.29 M
9.16 B
17.75 B
365.11 M
653.86 M
Cash Flow From Operations
883.5 M
6 B
15.18 B
2.32 B
14.93 B
7.39 B
13.19 B
2.07 B
Annual Yield
N/A
N/A
0.01 %
0.01 %
N/A
0.01 %
0.11 %
N/A
Total Debt
999.42 M
10.59 B
6.8 B
10.27 B
96.09 B
6.48 B
12.92 B
30.36 B
Return On Equity
-1.14
0.0048
0.13
0.0511
0.38
0.29
0.3
0.12
Z Score
N/A
50.4
30.0
6.0
1.8
N/A
1.0
1.2
Return On Asset
-0.0626
0.0035
0.0662
0.0191
0.0544
0.0743
0.15
0.0228
Book Value Per Share
0.11 X
2.70 X
7.55 X
17.99 X
1.02 X
1.21 X
15.97 X
41.78 X
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
6.28 B
N/A
Total Asset
3.36 B
95.21 B
66.28 B
36.32 B
144.52 B
64.17 B
74.61 B
68.17 B
Debt To Equity
2.05 %
41.10 %
0.18 %
1.37 %
3.71 %
43.80 %
61.50 %
6.77 %
Last Dividend Paid
N/A
N/A
0.45
0.18
N/A
3.49
1.25
N/A
Shares Owned By Institutions
0.02 %
0.01 %
N/A
N/A
0.01 %
N/A
4.70 %
N/A
Market Capitalization
239.48 B
889.8 B
345.13 B
109.75 B
322.46 B
1.18 T
12.79 B
85.73 B
Price To Earnings To Growth
4.01 X
1.36 X
1.12 X
0.43 X
0.29 X
3.46 X
N/A
N/A
Price To Earning
N/A
201.12 X
27.98 X
N/A
38.78 X
31.25 X
8.90 X
N/A
Price To Sales
67.52 X
22.94 X
9.83 X
5.30 X
4.87 X
4.73 X
0.17 X
1.64 X
Net Income
(614.12 M)
1.44 B
8.69 B
977 M
5.05 B
5.84 B
5.06 B
(1.96 B)
Earnings Per Share
(0.74) X
0.06 X
4.71 X
4.53 X
2.63 X
1.71 X
4.19 X
5.89 X
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
87.54 %
N/A
Revenue
2.8 B
26.49 B
30.76 B
15.79 B
54.02 B
226.95 B
78.35 B
24.63 B
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
11.64 B
N/A
Cash And Equivalents
1.23 B
6.38 B
7.18 B
16.87 B
1.71 B
8.17 B
4.15 B
12.97 B
Cash Per Share
0.25 X
8.22 X
6.41 X
28.52 X
0.16 X
18.57 X
2.58 X
80.20 X
Gross Profit
2.34 B
19.47 B
13.9 B
5.98 B
24.48 B
27.57 B
20.82 B
13.1 B
Day Typical Price
74.76
89.69
99.21
164.56
37.61
139.14
10.91
274.17
Accumulation Distribution
0.014
0.0163
0.0175
N/A
0.01
0.0412
0.0155
0.028
Market Facilitation Index
1.05
1.47
1.75
N/A
0.38
5.84
0.17
7.75
Daily Balance Of Power
1.4
0.4626
(0.11)
0.0
0.3421
0.1455
0.3529
0.0348
Period Momentum Indicator
1.47
0.68
(0.19)
N/A
0.13
0.85
0.06
0.27
Rate Of Daily Change
1.02
1.01
1.0
1.0
1.0
1.01
1.01
1.0
Day Median Price
74.59
89.54
99.32
164.56
37.67
138.92
10.89
272.88
Price Action Indicator
1.26
0.79
(0.41)
N/A
(0.13)
1.09
0.11
4.01
Relative Strength Index
64.87
16.71
23.3
100.0
71.72
64.92
2.88
57.17
Coefficient Of Variation
350.45
372.76
5210.79
924.4
886.36
717.27
2991.77
214.78
Mean Deviation
1.67
1.32
2.53
0.582
1.67
1.31
1.08
2.07
Jensen Alpha
0.8372
0.4668
0.0021
0.2409
0.2165
0.2361
(0.03)
1.42
Total Risk Alpha
0.3896
0.2023
(0.49)
(0.10)
(0.13)
(0.04)
(0.22)
0.9102
Sortino Ratio
N/A
0.2244
(0.02)
N/A
0.0843
0.0643
(0.06)
0.6056
Downside Variance
N/A
2.92
10.64
N/A
3.78
2.13
1.71
4.33
Standard Deviation
3.12
1.92
3.44
1.87
2.61
1.61
1.65
2.99
Kurtosis
19.76
2.52
4.44
30.91
10.43
(0.19)
6.21
4.59
Potential Upside
4.82
4.07
4.49
0.4621
4.23
2.71
1.95
6.59
Treynor Ratio
2.39
1.63
0.1255
(0.48)
0.505
(1.21)
0.0776
(3.77)
Maximum Drawdown
24.05
11.21
21.03
19.0
17.68
7.92
10.32
18.77
Variance
9.77
3.67
11.85
3.5
6.82
2.6
2.74
8.92
Market Risk Adjusted Performance
2.4
1.64
0.1355
(0.47)
0.515
(1.20)
0.0876
(3.76)
Risk Adjusted Performance
0.2264
0.2117
0.0225
0.0889
0.0936
0.1122
0.031
0.3645
Skewness
3.79
0.7738
1.04
3.93
2.3
0.1824
1.67
1.53
Semi Deviation
N/A
1.08
3.1
N/A
1.6
1.28
1.25
0.7274
Information Ratio
0.2435
0.2
(0.02)
0.0383
0.0627
0.0583
(0.05)
0.4218
Value At Risk
(1.01)
(2.04)
(5.09)
N/A
(3.11)
(1.84)
(2.03)
(2.28)
Expected Short fall
N/A
(1.46)
(2.67)
N/A
(1.79)
(1.45)
(1.24)
(2.75)
Downside Deviation
N/A
1.71
3.26
N/A
1.94
1.46
1.31
2.08
Semi Variance
N/A
1.16
9.6
N/A
2.56
1.64
1.55
0.5291

Atlassian Plc Competition Performance Charts

Five steps to successful analysis of Atlassian Plc Competition

Atlassian Plc's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Atlassian Plc in relation to its competition. Atlassian Plc's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Atlassian Plc in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Atlassian Plc's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atlassian Plc, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Atlassian Plc position

In addition to having Atlassian Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Airlines Theme or any other thematic opportunities.
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Other Information on Investing in Atlassian Stock

Atlassian Plc financial ratios help investors to determine whether Atlassian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Atlassian with respect to the benefits of owning Atlassian Plc security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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