Atlassian Corp Plc Stock Performance
| TEAM Stock | USD 260.58 6.61 2.60% |
On a scale of 0 to 100, Atlassian Corp holds a performance score of 19. The firm shows a Beta (market volatility) of 1.48, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atlassian Corp will likely underperform. Please check Atlassian Corp's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Atlassian Corp's price patterns will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Atlassian Corp Plc are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Atlassian Corp displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.6 | Five Day Return 8.89 | Year To Date Return 14.96 | Ten Year Return 1.1 K | All Time Return 1.1 K |
1 | Disposition of 1525 shares by Scott Farquhar of Atlassian Corp at 162.3204 subject to Rule 16b-3 | 09/06/2024 |
2 | Unlocking Atlassian International Revenues Trends, Surprises, and Prospects | 11/04/2024 |
3 | Atlassian CEO Michael Cannon-Brookes sells 1.74 million in stock | 11/06/2024 |
4 | Atlassian director Scott Farquhar sells 1.95 million in stock | 11/12/2024 |
5 | Atlassians Scott Farquhar sells shares worth 2 million | 11/15/2024 |
6 | Atlassian director Scott Farquhar sells shares worth 1.91 million | 11/18/2024 |
7 | Analysis Dodgers to meet with Juan Soto, signaling more big spending is possible | 11/19/2024 |
8 | Atlassian Corporation a Stock with AI Potential Posed for Further Growth | 11/20/2024 |
9 | Atlassian Corp Shares Up 3.57 percent on Nov 21 | 11/21/2024 |
10 | Atlassian CEO Michael Cannon-Brookes sells 2 million in stock | 11/22/2024 |
| Begin Period Cash Flow | 2.1 B |
Atlassian |
Atlassian Corp Relative Risk vs. Return Landscape
If you would invest 16,432 in Atlassian Corp Plc on August 27, 2024 and sell it today you would earn a total of 9,626 from holding Atlassian Corp Plc or generate 58.58% return on investment over 90 days. Atlassian Corp Plc is currently generating 0.7689% in daily expected returns and assumes 3.151% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Atlassian, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Atlassian Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlassian Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atlassian Corp Plc, and traders can use it to determine the average amount a Atlassian Corp's 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 = 0.244
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Atlassian Corp is performing at about 19% 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 Corp by adding it to a well-diversified portfolio.
Atlassian Corp Fundamentals Growth
Atlassian Stock prices reflect investors' perceptions of the future prospects and financial health of Atlassian Corp, and Atlassian Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atlassian Stock performance.
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.0179 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 66.89 B | ||||
| Shares Outstanding | 161.46 M | ||||
| Price To Earning | (246.23) X | ||||
| Price To Book | 65.96 X | ||||
| Price To Sales | 14.85 X | ||||
| Revenue | 4.36 B | ||||
| Gross Profit | 2.91 B | ||||
| EBITDA | 57.35 M | ||||
| Net Income | (300.52 M) | ||||
| Cash And Equivalents | 1.47 B | ||||
| Cash Per Share | 5.77 X | ||||
| Total Debt | 1.25 B | ||||
| Debt To Equity | 3.92 % | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | 3.95 X | ||||
| Cash Flow From Operations | 1.45 B | ||||
| Earnings Per Share | (1.51) X | ||||
| Market Capitalization | 67.86 B | ||||
| Total Asset | 5.21 B | ||||
| Retained Earnings | (3.2 B) | ||||
| Working Capital | 466.14 M | ||||
| Current Asset | 247.5 M | ||||
| Current Liabilities | 179.57 M | ||||
About Atlassian Corp Performance
By examining Atlassian Corp's fundamental ratios, stakeholders can obtain critical insights into Atlassian Corp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Atlassian Corp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (14.99) | (14.24) | |
| Return On Tangible Assets | (0.08) | (0.09) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.06) | (0.06) | |
| Return On Equity | (0.29) | (0.31) |
Things to note about Atlassian Corp Plc performance evaluation
Checking the ongoing alerts about Atlassian Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atlassian Corp Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Atlassian Corp Plc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 4.36 B. Net Loss for the year was (300.52 M) with profit before overhead, payroll, taxes, and interest of 2.91 B. | |
| Atlassian Corp Plc has a poor financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Atlassian CEO Michael Cannon-Brookes sells 2 million in stock |
- Analyzing Atlassian Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atlassian Corp's stock is overvalued or undervalued compared to its peers.
- Examining Atlassian Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atlassian Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atlassian Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atlassian Corp's stock. These opinions can provide insight into Atlassian Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Application Software space 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 1.722 | Earnings Share (1.51) | Revenue Per Share 17.587 | Quarterly Revenue Growth 0.215 | Return On Assets (0.02) |
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 if Atlassian Corp is a good investment 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.