Okta (Germany) Analysis
| 0OK Stock | EUR 79.34 0.16 0.20% |
Okta Inc is undervalued with Real Value of 90.01 and Hype Value of 79.34. The main objective of Okta stock analysis is to determine its intrinsic value, which is an estimate of what Okta Inc is worth, separate from its market price. There are two main types of Okta's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Okta's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Okta's stock to identify patterns and trends that may indicate its future price movements.
The Okta stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Okta's ongoing operational relationships across important fundamental and technical indicators.
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Okta Stock Analysis Notes
About 84.0% of the company shares are owned by institutions such as pension funds. The book value of Okta was presently reported as 33.77. The company recorded a loss per share of 5.48. Okta Inc had not issued any dividends in recent years. Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California. OKTA INC operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1770 people. For more info on Okta Inc please contact Todd McKinnon at 888 722 7871 or go to https://www.okta.com.Okta Inc Investment Alerts
| Okta Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| 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. | |
| Over 84.0% of the company shares are owned by institutions such as pension funds |
Okta Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 10.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Okta's market, we take the total number of its shares issued and multiply it by Okta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Okta Profitablity
Okta's profitability indicators refer to fundamental financial ratios that showcase Okta's ability to generate income relative to its revenue or operating costs. If, let's say, Okta is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Okta's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Okta's profitability requires more research than a typical breakdown of Okta's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.52) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.46) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.46. Technical Drivers
As of the 26th of December, Okta holds the Coefficient Of Variation of 869.69, risk adjusted performance of 0.0983, and Semi Deviation of 1.6. Okta Inc technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Okta Inc standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Okta Inc is priced some-what accurately, providing market reflects its current price of 79.34 per share.Okta Inc Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Okta middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Okta Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Okta Outstanding Bonds
Okta issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Okta Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Okta bonds can be classified according to their maturity, which is the date when Okta Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Okta Predictive Daily Indicators
Okta intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Okta stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Okta Forecast Models
Okta's time-series forecasting models are one of many Okta's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Okta's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Okta Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Okta prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Okta shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Okta. By using and applying Okta Stock analysis, traders can create a robust methodology for identifying Okta entry and exit points for their positions.
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California. OKTA INC operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1770 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Okta to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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