Atlassian Corp Plc Stock Price on September 9, 2024

TEAM Stock  USD 263.58  1.12  0.43%   
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 263.58, as last reported on the 30th of November, with the highest price reaching 265.89 and the lowest price hitting 261.84 during the day.
IPO Date
10th of December 2015
200 Day MA
184.5587
50 Day MA
202.5658
Beta
0.711
 
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 appears to be very steady, given 3 months investment horizon. Atlassian Corp Plc secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. By analyzing Atlassian Corp's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Atlassian Corp's Risk Adjusted Performance of 0.2016, mean deviation of 1.91, and Downside Deviation of 1.68 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Atlassian Corp's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 30th of November 2024, Other Stockholder Equity is likely to grow to about 4.4 B, while Common Stock Shares Outstanding is likely to drop about 254.4 M. . At this time, Atlassian Corp's Price Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Fair Value is likely to grow to 50.50, though Price Earnings Ratio is likely to grow to (146.02). Atlassian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2566

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Estimated Market Risk

 3.13
  actual daily
27
73% of assets are more volatile

Expected Return

 0.8
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Atlassian Corp is performing at about 20% 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.
Price Book
66.4377
Enterprise Value Ebitda
4.7 K
Price Sales
14.9615
Shares Float
159.9 M
Wall Street Target Price
257.2129

Atlassian Corp Valuation on September 9, 2024

It is possible to determine the worth of Atlassian Corp on a given historical date. On September 9, 2024 Atlassian was worth 162.64 at the beginning of the trading date compared to the closed value of 162.69. 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
  162.43    165.37    159.00    161.31    1,946,636  
09/09/2024
  162.64    165.84    162.00    162.69    1,338,391  
  163.71    163.71    157.94    162.25    1,451,168  
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Open Value
162.64
153.25
Downside
162.69
Closing Value
172.03
Upside

Atlassian Corp Trading Date Momentum on September 9, 2024

On September 10 2024 Atlassian Corp Plc was traded for  162.25  at the closing time. The top price for the day was 163.71  and the lowest listed price was  157.94 . The trading volume for the day was 1.5 M. The trading history from September 10, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.27% . The overall trading delta against the current closing price is 1.42% .

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 Outstanding259.1 M254.4 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
November 30, 2024
0.00  NaN%
High

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Atlassian Corp Plc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Atlassian Corp November 30, 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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.