Atlassian Corp Plc Stock Probability of Future Stock Price Finishing Under 143.97

TEAM Stock  USD 257.49  6.09  2.42%   
Atlassian Corp's future price is the expected price of Atlassian Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Atlassian Corp Plc performance during a given time horizon utilizing its historical volatility. Check out Atlassian Corp Backtesting, Atlassian Corp Valuation, Atlassian Corp Correlation, Atlassian Corp Hype Analysis, Atlassian Corp Volatility, Atlassian Corp History as well as Atlassian Corp Performance.
  
At this time, Atlassian Corp's Price Sales Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Fair Value is likely to grow to 50.50, though Price Earnings Ratio is likely to grow to (146.02). Please specify Atlassian Corp's target price for which you would like Atlassian Corp odds to be computed.

Atlassian Corp Target Price Odds to finish below 143.97

The tendency of Atlassian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 143.97  or more in 90 days
 257.49 90 days 143.97 
under 4
Based on a normal probability distribution, the odds of Atlassian Corp to drop to $ 143.97  or more in 90 days from now is under 4 (This Atlassian Corp Plc probability density function shows the probability of Atlassian Stock to fall within a particular range of prices over 90 days) . Probability of Atlassian Corp Plc price to stay between $ 143.97  and its current price of $257.49 at the end of the 90-day period is about 77.68 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.0 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atlassian Corp will likely underperform. Additionally Atlassian Corp Plc has an alpha of 0.6536, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Atlassian Corp Price Density   
       Price  

Predictive Modules for Atlassian Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlassian Corp Plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
255.74259.13262.52
Details
Intrinsic
Valuation
LowRealHigh
233.00236.39283.24
Details
30 Analysts
Consensus
LowTargetHigh
171.73188.71209.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.660.760.96
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 toward taking a position in Atlassian Corp Plc.

Atlassian Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlassian Corp is not an exception. The market had few large corrections towards the Atlassian Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Atlassian Corp Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlassian Corp within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.65
β
Beta against Dow Jones2.00
σ
Overall volatility
42.10
Ir
Information ratio 0.20

Atlassian Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Atlassian Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atlassian Corp Plc can help investors quickly react to important events or material 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 aol.com: The laughingstock of the NFL has suddenly started winning

Atlassian Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Atlassian Stock often depends not only on the future outlook of the current and potential Atlassian Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Atlassian Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding259.1 M
Cash And Short Term Investments2.3 B

Atlassian Corp Technical Analysis

Atlassian Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Atlassian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlassian Corp Plc. In general, you should focus on analyzing Atlassian Stock price patterns and their correlations with different microeconomic environments and drivers.

Atlassian Corp Predictive Forecast Models

Atlassian Corp's time-series forecasting models is one of many Atlassian Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Atlassian Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Atlassian Corp Plc

Checking the ongoing alerts about Atlassian Corp for important developments is a great way to find new opportunities for your next move. Our 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 aol.com: The laughingstock of the NFL has suddenly started winning
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:
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
(1.52)
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.