| T1AM34 Stock | | | BRL 77.28 2.24 2.82% |
Atlassian Plc technical analysis lookup allows you to check this and other technical indicators for Atlassian Plc or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Atlassian Plc has current Total Risk Alpha of 0.8117. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.8117 | |
| ER[a] | = | Expected return on investing in Atlassian Plc |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Atlassian Plc |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Atlassian Plc Total Risk Alpha Peers Comparison
Atlassian Total Risk Alpha Relative To Other Indicators
Atlassian Plc is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers fabricating about
4.66 of Treynor Ratio per Total Risk Alpha. The ratio of Treynor Ratio to Total Risk Alpha for Atlassian Plc is roughly
4.66 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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