Okta (Brazil) Performance
| O1KT34 Stock | BRL 22.16 1.39 6.69% |
The company holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Okta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Okta is expected to be smaller as well. At this point, Okta Inc has a negative expected return of -0.22%. Please make sure to check Okta's maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if Okta Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Okta Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's forward-looking signals remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 448.6 M | |
| Total Cashflows From Investing Activities | -366.8 M |
Okta |
Okta Relative Risk vs. Return Landscape
If you would invest 2,700 in Okta Inc on August 26, 2024 and sell it today you would lose (484.00) from holding Okta Inc or give up 17.93% of portfolio value over 90 days. Okta Inc is generating negative expected returns and assumes 4.1504% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Okta, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Okta Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Okta's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Okta Inc, and traders can use it to determine the average amount a Okta'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 = -0.0528
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| Negative Returns | O1KT34 |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Okta 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 Okta by adding Okta to a well-diversified portfolio.
Okta Fundamentals Growth
Okta Stock prices reflect investors' perceptions of the future prospects and financial health of Okta, and Okta 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 Okta Stock performance.
| Return On Equity | -0.16 | |||
| Return On Asset | -0.0556 | |||
| Profit Margin | (0.52) % | |||
| Operating Margin | (0.46) % | |||
| Current Valuation | 59.8 B | |||
| Shares Outstanding | 3.2 B | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 34.75 X | |||
| Revenue | 1.3 B | |||
| EBITDA | (649.9 M) | |||
| Cash And Equivalents | 2.69 B | |||
| Cash Per Share | 20.29 X | |||
| Total Debt | 1.82 B | |||
| Debt To Equity | 2.88 % | |||
| Book Value Per Share | 1.69 X | |||
| Cash Flow From Operations | 104.12 M | |||
| Earnings Per Share | (1.64) X | |||
| Total Asset | 9.21 B | |||
About Okta Performance
By analyzing Okta's fundamental ratios, stakeholders can gain valuable insights into Okta's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Okta has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Okta has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Okta, Inc. provides identity management platform for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. OKTA INC operates under SoftwareInfrastructure classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3056 people.Things to note about Okta Inc performance evaluation
Checking the ongoing alerts about Okta for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Okta Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Okta Inc generated a negative expected return over the last 90 days | |
| Okta Inc has high historical volatility and very poor performance | |
| The company reported the revenue of 1.3 B. Net Loss for the year was (848.41 M) with profit before overhead, payroll, taxes, and interest of 905.68 M. |
- Analyzing Okta'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 Okta's stock is overvalued or undervalued compared to its peers.
- Examining Okta'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 Okta's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Okta's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Okta's stock. These opinions can provide insight into Okta's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Okta Stock analysis
When running Okta's price analysis, check to measure Okta'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 Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
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