Okta Inc Stock Performance
| OKTA Stock | USD 96.29 3.97 3.96% |
On a scale of 0 to 100, Okta holds a performance score of 18. The company holds a Beta of 0.48, 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. Please check Okta's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Okta's historical price patterns will revert.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Okta Inc are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Okta sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (3.96) | Five Day Return (1.54) | Year To Date Return 22.15 | Ten Year Return 309.57 | All Time Return 309.57 |
1 | Disposition of 37909 shares by Jacques Kerrest of Okta at 7.17 subject to Rule 16b-3 | 12/03/2024 |
2 | Disposition of 849 shares by Jon Addison of Okta subject to Rule 16b-3 | 12/13/2024 |
3 | Disposition of 2479 shares by Brett Tighe of Okta subject to Rule 16b-3 | 12/17/2024 |
4 | Disposition of 133878 shares by Todd McKinnon of Okta at 82.7854 subject to Rule 16b-3 | 12/20/2024 |
5 | Disposition of 1553 shares by Larissa Schwartz of Okta subject to Rule 16b-3 | 12/30/2024 |
6 | Acquisition by Larissa Schwartz of 1553 shares of Okta subject to Rule 16b-3 | 01/02/2025 |
7 | Okta Buy, Sell, or Hold Post Q3 Earnings | 01/21/2025 |
8 | Disposition of 1000 shares by Brett Tighe of Okta at 87.89 subject to Rule 16b-3 | 01/23/2025 |
9 | Disposition of 3333 shares by Jacques Kerrest of Okta at 88.5 subject to Rule 16b-3 | 01/24/2025 |
10 | Jacques Frederic Kerrest Sells 0,000 Shares of Okta, Inc. Stock | 01/29/2025 |
11 | Insider Trading | 01/31/2025 |
12 | Disposition of 2890 shares by Brett Tighe of Okta at 95.1591 subject to Rule 16b-3 | 02/03/2025 |
13 | Okta, Inc. Is a Trending Stock Facts to Know Before Betting on It | 02/05/2025 |
14 | Is Okta Set to Impress the Market | 02/06/2025 |
15 | Okta Inc Appoints Eric Kelleher as President and COO | 02/10/2025 |
16 | Acquisition by Jon Addison of 5810 shares of Okta subject to Rule 16b-3 | 02/11/2025 |
17 | Is Okta Seeing Institutional and Executive Shifts in Market Position | 02/13/2025 |
18 | Okta and Dell in the Box have been highlighted as Zacks Bull and Bear of the Day | 02/14/2025 |
| Begin Period Cash Flow | 271 M |
Okta |
Okta Relative Risk vs. Return Landscape
If you would invest 7,288 in Okta Inc on November 18, 2024 and sell it today you would earn a total of 2,341 from holding Okta Inc or generate 32.12% return on investment over 90 days. Okta Inc is currently generating 0.4777% in daily expected returns and assumes 2.0206% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Okta, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 = 0.2364
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OKTA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.02 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Okta is performing at about 18% 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 Okta by adding it 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 | -0.0065 | ||||
| Return On Asset | -0.0096 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 15.21 B | ||||
| Shares Outstanding | 163.6 M | ||||
| Price To Earning | (7.58) X | ||||
| Price To Book | 2.63 X | ||||
| Price To Sales | 6.78 X | ||||
| Revenue | 2.26 B | ||||
| Gross Profit | 1.93 B | ||||
| EBITDA | (230 M) | ||||
| Net Income | (355 M) | ||||
| Cash And Equivalents | 2.48 B | ||||
| Cash Per Share | 15.59 X | ||||
| Total Debt | 1.27 B | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.38 X | ||||
| Book Value Per Share | 36.56 X | ||||
| Cash Flow From Operations | 512 M | ||||
| Earnings Per Share | (0.33) X | ||||
| Market Capitalization | 17.18 B | ||||
| Total Asset | 8.99 B | ||||
| Retained Earnings | (2.83 B) | ||||
| Working Capital | 1.2 B | ||||
| Current Asset | 256.13 M | ||||
| Current Liabilities | 194.97 M | ||||
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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.09) | (0.10) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.07) | (0.07) |
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.| The company reported the previous year's revenue of 2.26 B. Net Loss for the year was (355 M) with profit before overhead, payroll, taxes, and interest of 1.93 B. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Okta and Dell in the Box have been highlighted as Zacks Bull and Bear of the Day |
- 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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