Okta Total Risk Alpha
| OKTA Stock | | | USD 78.12 1.36 1.77% |
This dataset for Okta Inc reflects inputs used in the Total Risk Alpha calculation. This dataset is part of a broader indicator framework including
Equity Screeners. Okta has a market cap of 13.6 B, operating margin of 6.57%, current ratio of 2.38. Allocation context is available in
Your Equity Center. Okta Inc can be added to a watchlist or portfolio for position tracking. This view summarizes available data without implying outcomes. Broader economic conditions can influence Okta Inc's company valuation — related indicators include
signals in population.
Okta Inc has current Total Risk Alpha of 0.0361. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0361 | |
| ER[a] | = | Expected return on investing in Okta |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Okta |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Okta Inc is rated
fourth in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
453.66 of Maximum Drawdown per Total Risk Alpha. At
453.66 , Okta Inc's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Okta to Peers
Other Technical Indicators