OKTA vs. VALE
OKTA (Okta, Inc.) and VALE (Vale S.A.) are both stocks. OKTA operates in Software - Infrastructure (Technology), while VALE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, OKTA returned -11.66%/yr vs 1.65%/yr for VALE. At a 0.13 correlation, their price movements are largely independent.
Performance
OKTA vs. VALE - Performance Comparison
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Returns By Period
In the year-to-date period, OKTA achieves a 35.13% return, which is significantly higher than VALE's 15.04% return.
OKTA
- 1D
- -1.58%
- 1M
- 39.27%
- YTD
- 35.13%
- 6M
- 33.86%
- 1Y
- 11.20%
- 3Y*
- 17.84%
- 5Y*
- -11.66%
- 10Y*
- —
VALE
- 1D
- -1.58%
- 1M
- -9.86%
- YTD
- 15.04%
- 6M
- 19.11%
- 1Y
- 66.24%
- 3Y*
- 10.73%
- 5Y*
- 1.65%
- 10Y*
- 20.98%
OKTA vs. VALE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OKTA Okta, Inc. | 35.13% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | 80.83% | 149.12% | 8.93% |
VALE Vale S.A. | 15.04% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 38.72% |
Correlation
The correlation between OKTA and VALE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2017 | 0.13 |
The correlation between OKTA and VALE shifts across timeframes, from 0.04 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
OKTA:
$20.76B
VALE:
$64.08B
OKTA:
$0.96
VALE:
$0.65
OKTA:
121.27
VALE:
22.94
OKTA:
9.40
VALE:
1.62
OKTA:
3.01K
VALE:
1.75
OKTA:
$2.23B
VALE:
$39.53B
OKTA:
$1.73B
VALE:
$13.65B
OKTA:
$235.06M
VALE:
$14.33B
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Return for Risk
OKTA vs. VALE — Risk / Return Rank
OKTA
VALE
OKTA vs. VALE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and Vale S.A. (VALE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| OKTA | VALE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.34 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 3.35 | -3.06 |
| Martin ratioReturn relative to average drawdown | 0.71 | 11.56 | -10.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OKTA | VALE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | 2.09 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | 0.05 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.30 | +0.05 |
Drawdowns
OKTA vs. VALE - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, smaller than the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for OKTA and VALE.
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Drawdown Indicators
| OKTA | VALE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -92.78% | +8.21% |
Max Drawdown (1Y)Largest decline over 1 year | -37.82% | -19.85% | -17.97% |
Max Drawdown (3Y)Largest decline over 3 years | -50.57% | -41.94% | -8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -83.43% | -49.79% | -33.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.60% | — |
Current DrawdownCurrent decline from peak | -59.95% | -15.88% | -44.07% |
Average DrawdownAverage peak-to-trough decline | -38.25% | -36.72% | -1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.44% | 5.75% | +12.69% |
Volatility
OKTA vs. VALE - Volatility Comparison
Okta, Inc. (OKTA) has a higher volatility of 33.10% compared to Vale S.A. (VALE) at 9.08%. This indicates that OKTA's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKTA | VALE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.10% | 9.08% | +24.02% |
Volatility (6M)Calculated over the trailing 6-month period | 47.85% | 26.61% | +21.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.61% | 31.92% | +22.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.49% | 35.45% | +22.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.01% | 40.87% | +13.14% |
Dividends
OKTA vs. VALE - Dividend Comparison
OKTA has not paid dividends to shareholders, while VALE's dividend yield for the trailing twelve months is around 3.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKTA Okta, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VALE Vale S.A. | 3.83% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
OKTA vs. VALE - Financials Comparison
This section allows you to compare key financial metrics between Okta, Inc. and Vale S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OKTA vs. VALE - Profitability Comparison
OKTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported a gross profit of 595.00K and revenue of 765.00K. Therefore, the gross margin over that period was 77.8%.
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
OKTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported an operating income of 56.00K and revenue of 765.00K, resulting in an operating margin of 7.3%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
OKTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported a net income of 74.00K and revenue of 765.00K, resulting in a net margin of 9.7%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
Frequently Asked Questions
OKTA and VALE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (33.10%) compared to VALE (9.08%). In terms of maximum drawdown, OKTA dropped -84.57% vs VALE's -92.78%.
VALE currently has the higher Sharpe Ratio (2.09 vs 0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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