Okta Inc Stock Alpha and Beta Analysis

OKTA Stock  USD 112.55  5.92  5.55%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Okta Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Okta over a specified time horizon. Remember, high Okta's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Okta's market risk premium analysis include:
Beta
0.47
Alpha
0.49
Risk
3.94
Sharpe Ratio
0.14
Expected Return
0.54
Please note that although Okta alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Okta did 0.49  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Okta Inc stock's relative risk over its benchmark. Okta Inc has a beta of 0.47  . 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 present, Okta's Book Value Per Share is projected to increase significantly based on the last few years of reporting. The current year's Tangible Book Value Per Share is expected to grow to 5.07, whereas Price Book Value Ratio is forecasted to decline to 2.37.

Enterprise Value

29.33 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Okta Backtesting, Okta Valuation, Okta Correlation, Okta Hype Analysis, Okta Volatility, Okta History and analyze Okta Performance.

Okta Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Okta market risk premium is the additional return an investor will receive from holding Okta long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Okta. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Okta's performance over market.
α0.49   β0.47

Okta expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Okta's Buy-and-hold return. Our buy-and-hold chart shows how Okta performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Okta Market Price Analysis

Market price analysis indicators help investors to evaluate how Okta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Okta shares will generate the highest return on investment. By understating and applying Okta stock market price indicators, traders can identify Okta position entry and exit signals to maximize returns.

Okta Return and Market Media

The median price of Okta for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 89.19 with a coefficient of variation of 9.88. The daily time series for the period is distributed with a sample standard deviation of 8.98, arithmetic mean of 90.89, and mean deviation of 7.25. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 849 shares by Jon Addison of Okta subject to Rule 16b-3
12/13/2024
2
Disposition of 2479 shares by Brett Tighe of Okta subject to Rule 16b-3
12/17/2024
3
Disposition of 133878 shares by Todd McKinnon of Okta at 82.7854 subject to Rule 16b-3
12/20/2024
4
Disposition of 1553 shares by Larissa Schwartz of Okta subject to Rule 16b-3
12/30/2024
5
Acquisition by Larissa Schwartz of 1553 shares of Okta subject to Rule 16b-3
01/02/2025
6
Disposition of 1000 shares by Brett Tighe of Okta at 87.89 subject to Rule 16b-3
01/23/2025
7
Disposition of 3333 shares by Jacques Kerrest of Okta at 88.5 subject to Rule 16b-3
01/24/2025
8
Insider Trading
01/31/2025
9
Acquisition by Jon Addison of 5810 shares of Okta subject to Rule 16b-3
02/11/2025
10
Bull of the Day Okta
02/14/2025
11
Heres Why Okta Could be Great Choice for a Bottom Fisher
02/26/2025
12
Okta Shares Surge as Fiscal Q4 Results, Outlook Exceed Expectations
03/04/2025
13
Why Okta, Inc. Soared on Tuesday
03/05/2025
14
Disposition of 3333 shares by Jacques Kerrest of Okta at 109.5 subject to Rule 16b-3
03/06/2025
15
Here is What to Know Beyond Why Okta, Inc. is a Trending Stock
03/07/2025
16
How Is Okta Performing Amid Institutional Investment Shifts
03/10/2025
17
How Is Okta Managing Its Operations in the Cloud Security Industry
03/11/2025
18
Lucid Software Maintains Leadership in Enterprise Adoption, Ranking No. 12 Globally in Oktas Businesses at Work 2025 Report
03/12/2025

About Okta Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Okta or other stocks. Alpha measures the amount that position in Okta Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2024 2025 (projected)
Graham Number10.669.48
Receivables Turnover4.23.26

Okta Upcoming Company Events

As portrayed in its financial statements, the presentation of Okta's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Okta's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Okta's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Okta. Please utilize our Beneish M Score to check the likelihood of Okta's management manipulating its earnings.
6th of March 2024
Upcoming Quarterly Report
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29th of May 2024
Next Financial Report
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31st of January 2024
Next Fiscal Quarter End
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6th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
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When determining whether Okta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okta Inc Stock:
Check out Okta Backtesting, Okta Valuation, Okta Correlation, Okta Hype Analysis, Okta Volatility, Okta History and analyze Okta Performance.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Okta technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Okta technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Okta trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...