Okta (Brazil) Analysis
| O1KT34 Stock | BRL 25.83 0.51 2.01% |
Okta Inc is overvalued with Real Value of 24.06 and Hype Value of 25.32. 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 Brazil on Sao Paulo Exchange, with the market opening at 10:00:00 and closing at 18:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Brazil. 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.
Okta |
Okta Stock Analysis Notes
The company has price-to-book ratio of 1.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Okta Inc recorded a loss per share of 1.64. The entity had not issued any dividends in recent years. 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. To find out more about Okta Inc contact the company at 888 722 7871 or learn more at https://www.okta.com.Okta Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Okta's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Okta Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| 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. |
Okta Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 65.35 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 11th of December 2024, Okta holds the Coefficient Of Variation of 675.65, risk adjusted performance of 0.1139, and Semi Deviation of 1.65. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Okta, as well as the relationship between them.Okta Inc Price Movement Analysis
Cannot read the array length because "" is null. 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 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 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.
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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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