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Realtime updates for Okta Inc [OKTA]

Exchange: NASDAQ Sector: Technology Industry: Software—Infrastructure
BUY
66.00%
return -1.35%
SELL
40.82%
return -15.61%
Last Updated9 May 2024 @ 16:00

0.59% $ 98.12

SELL 2673 min ago

@ $97.63

Issued: 8 May 2024 @ 10:38


Return: 0.51%


Previous signal: May 7 - 10:48


Previous signal: Buy


Return: -1.05 %

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 16:00):
Our systems believe the stock currently is overvalued by 0.34% compare to its pairs and should correct downwards.
Profile picture for Okta Inc

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally...

Stats
Today's Volume 761 306
Average Volume 1.98M
Market Cap 15.71B
EPS $0 ( 2024-02-28 )
Next earnings date ( $0.540 ) 2024-05-29
Last Dividend $0 ( N/A )
Next Dividend $0 ( N/A )
P/E -45.22
ATR14 $1.244 (1.27%)
Insider Trading
Date Person Action Amount type
2024-03-29 Ninan Shibu Buy 5 810 Restricted Stock Units
2024-03-29 Schwartz Larissa Buy 23 240 Restricted Stock Units
2024-03-29 Addison Jonathan James Buy 17 430 Restricted Stock Units
2024-03-29 Tighe Brett Buy 46 480 Restricted Stock Units
2024-03-29 Mckinnon Todd Buy 60 423 Restricted Stock Units
INSIDER POWER
17.72
Last 100 transactions
Buy: 287 516 | Sell: 210 247
Correlation (AI algo v.1.1b): Overvalued: -0.34% $97.71 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.84 (strong)
Short: 0.94 (very strong)
Signal:(72) Expect same movement, but be aware

Okta Inc Correlation

10 Most Positive Correlations
VTYX0.916
IOVA0.914
APLT0.9
ICLR0.898
OCUL0.897
OSS0.889
AIHS0.884
FEMY0.882
LEGO0.88
ALRM0.879
10 Most Negative Correlations
DCRC-0.876
DPRO-0.875
GIGM-0.828
TEDU-0.827
DSPC-0.825
SABR-0.825
BOWX-0.824
CYAN-0.824
FIVN-0.822
MFIN-0.814

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Okta Inc Correlation - Currency/Commodity

The country flag -0.23
( neutral )
The country flag -0.77
( moderate negative )
The country flag 0.65
( weak )
The country flag -0.71
( moderate negative )
The country flag -0.16
( neutral )
The country flag -0.41
( neutral )

Okta Inc Financials

Annual 2024
Revenue: $2.26B
Gross Profit: $1.68B (74.33 %)
EPS: $-2.17
FY 2024
Revenue: $2.26B
Gross Profit: $1.68B (74.33 %)
EPS: $-2.17
FY 2023
Revenue: $1.86B
Gross Profit: $1.31B (70.61 %)
EPS: $-5.16
FY 2022
Revenue: $1.30B
Gross Profit: $903.80M (69.51 %)
EPS: $-5.73

Financial Reports:

No articles found.

Okta Inc

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

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