Okta, Inc. (OKTA)

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The chart shows the growth of an initial investment of $10,000 in Okta, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Okta, Inc. (OKTA) has returned -8.97% so far this year and -25.19% over the past 12 months.

Based on dividend-adjusted daily data since Apr 7, 2017, OKTA's average daily return is +0.11%, while the average monthly return is +2.12%. At this rate, your investment would double in approximately 2.8 years.

Historically, 54% of months were positive and 46% were negative. The best month was Dec 2023 with a return of +35.0%, while the worst month was Sep 2022 at -37.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, OKTA closed higher 53% of trading days. The best single day was Dec 1, 2022 with a return of +26.5%, while the worst single day was Sep 1, 2022 at -33.7%.

Okta, Inc. has an annualized alpha of 11.87%, beta of 1.24, and R² of 0.19 versus S&P 500 Index. Calculated based on daily prices since April 10, 2017.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (76.84%) than losses (60.33%) — typical of diversified or defensive assets.
• R² of 0.19 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

OKTA ranks 19 for risk / return — in the bottom 19% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Okta, Inc. (OKTA) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Okta, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Okta, Inc. was 84.57%, occurring on Nov 4, 2022. The portfolio has not yet recovered.

The current Okta, Inc. drawdown is 73.02%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Okta, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Okta, Inc. is priced in the market compared to other companies in the Software - Infrastructure industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.