Okta Financials
| O1KT34 Stock | BRL 23.20 1.05 4.74% |
Okta |
Please note, the presentation of Okta's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Okta's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Okta's management manipulating its earnings.
Okta Stock Summary
Okta competes with Home Depot, Lupatech, Spotify Technology, MAHLE Metal, and Bemobi Mobile. 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.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| Business Address | 100 First Street, |
| Sector | Technology |
| Industry | Software—Infrastructure |
| Benchmark | Dow Jones Industrial |
| Website | www.okta.com |
| Phone | 888 722 7871 |
| Currency | BRL - Brazilian Real |
You should never invest in Okta without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Okta Stock, because this is throwing your money away. Analyzing the key information contained in Okta's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Okta Key Financial Ratios
Okta's financial ratios allow both analysts and investors to convert raw data from Okta's financial statements into concise, actionable information that can be used to evaluate the performance of Okta over time and compare it to other companies across industries.| Return On Equity | -0.16 | |||
| Return On Asset | -0.0556 | |||
| Beta | 1.02 | |||
| Z Score | 21.0 |
Okta Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Okta's current stock value. Our valuation model uses many indicators to compare Okta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okta competition to find correlations between indicators driving Okta's intrinsic value. More Info.Okta Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Okta by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Okta's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Okta Inc Systematic Risk
Okta's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Okta volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Okta Inc correlated with the market. If Beta is less than 0 Okta generally moves in the opposite direction as compared to the market. If Okta Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Okta Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Okta is generally in the same direction as the market. If Beta > 1 Okta moves generally in the same direction as, but more than the movement of the benchmark.
Okta December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Okta help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Okta Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okta Inc based on widely used predictive technical indicators. In general, we focus on analyzing Okta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okta's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 32.19 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 4.69 |
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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