Atlassian Corp Plc Stock Price on May 12, 2024

TEAM Stock  USD 175.25  0.45  0.26%   
Below is the normalized historical share price chart for Atlassian Corp Plc extending back to December 10, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Atlassian Corp stands at 175.25, as last reported on the 23rd of May, with the highest price reaching 179.00 and the lowest price hitting 172.71 during the day.
IPO Date
10th of December 2015
200 Day MA
201.9836
50 Day MA
191.5561
Beta
0.671
 
Yuan Drop
 
Covid
If you're considering investing in Atlassian Stock, it is important to understand the factors that can impact its price. Atlassian Corp Plc secures Sharpe Ratio (or Efficiency) of -0.086, which signifies that the company had a -0.086% return per unit of risk over the last 3 months. Atlassian Corp Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlassian Corp's Standard Deviation of 2.45, mean deviation of 1.64, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
At this time, Atlassian Corp's Other Stockholder Equity is very stable compared to the past year. As of the 23rd of May 2024, Stock Based Compensation is likely to grow to about 1.1 B, while Common Stock Shares Outstanding is likely to drop about 251.6 M. . At this time, Atlassian Corp's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price Earnings To Growth Ratio is likely to grow to 3.88, while Price Book Value Ratio is likely to drop 51.72. Atlassian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.086

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Estimated Market Risk

 2.48
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Atlassian Corp is not performing at its full potential. However, 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 Atlassian Corp to a well-diversified portfolio.
Price Book
59.2042
Enterprise Value Ebitda
(344.49)
Price Sales
13.764
Shares Float
157.8 M
Wall Street Target Price
241.26

Related Headline

SEI Investments Headline on 10th of May 2024

Filed transaction by SEI Investments Director, Officer: Executive Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Atlassian Corp Valuation on May 12, 2024

It is possible to determine the worth of Atlassian Corp on a given historical date. On May 12, 2024 Atlassian was worth 180.0 at the beginning of the trading date compared to the closed value of 179.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlassian Corp stock. Still, in general, we apply an absolute valuation method to find Atlassian Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atlassian Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlassian Corp's related companies.
 Open High Low Close Volume
  180.00    181.97    178.59    179.85    760,566  
05/10/2024
  180.00    183.00    178.89    179.75    834,909  
  181.67    182.98    179.92    182.83    1,253,771  
Backtest Atlassian Corp  |  Atlassian Corp History  |  Atlassian Corp Valuation   PreviousNext  
Open Value
180.0
172.56
Downside
179.75
Closing Value
187.44
Upside

Atlassian Corp Trading Date Momentum on May 12, 2024

On May 13 2024 Atlassian Corp Plc was traded for  182.83  at the closing time. The top price for the day was 182.98  and the lowest listed price was  179.92 . The trading volume for the day was 1.3 M. The trading history from May 13, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 1.71% . The overall trading delta against the current closing price is 0.26% .

Atlassian Corp Plc Fundamentals Correlations and Trends

By evaluating Atlassian Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Atlassian Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlassian financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Atlassian Corp Stock history

Atlassian Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Atlassian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlassian Corp Plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Atlassian Corp stock prices may prove useful in developing a viable investing in Atlassian Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding294.8 M251.6 M
Net Loss-438.1 M-460 M

Atlassian Corp Stock Technical Analysis

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...

Price Boundaries

Atlassian Corp Period Price Range

Low
May 10, 2024
-0.25  -0.14%
High

 180.00 

     

 179.75 

Atlassian Corp May 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Atlassian Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlassian Corp shares will generate the highest return on investment. By undertsting and applying Atlassian Corp stock market strength indicators, traders can identify Atlassian Corp Plc entry and exit signals to maximize returns

Atlassian Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Atlassian Corp's price direction in advance. Along with the technical and fundamental analysis of Atlassian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlassian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
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 the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Atlassian Stock analysis

When running Atlassian Corp's 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 the 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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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
1.722
Earnings Share
(0.62)
Revenue Per Share
16.123
Quarterly Revenue Growth
0.299
Return On Assets
(0.01)
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.