Okta Stock Momentum Indicators Money Flow Index

OKTA
 Stock
  

USD 61.89  0.05  0.08%   

Okta momentum indicators tool provides the execution environment for running the Money Flow Index indicator and other technical functions against Okta. Okta value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Money Flow Index indicator function is designed to identify and follow existing trends. Momentum indicators of Okta are pattern recognition functions that provide distinct formation on Okta potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Money Flow Index is a trend reversal indicator that is used to measure the strength of money going in and out of Okta Inc.
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Okta Technical Analysis Modules

Most technical analysis of Okta help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Okta from various momentum indicators to cycle indicators. When you analyze Okta charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Okta Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Okta Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okta Inc based on widely used predictive technical indicators. In general, we focus on analyzing Okta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okta's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Okta's intrinsic value. In addition to deriving basic predictive indicators for Okta, we also check how macroeconomic factors affect Okta price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 (projected)
PPandE Turnover14.3320.27
Long Term Debt to Equity1.240.31
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Okta's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Okta in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
57.0262.1167.20
Details
Intrinsic
Valuation
LowReal ValueHigh
55.70112.95118.04
Details
Naive
Forecast
LowNext ValueHigh
64.9970.0875.16
Details
19 Analysts
Consensus
LowTarget PriceHigh
230.00278.35320.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Okta. Your research has to be compared to or analyzed against Okta's peers to derive any actionable benefits. When done correctly, Okta's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Okta Inc.

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Complementary Tools for analysis

When running Okta Inc price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
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Is Okta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
9.8 B
Quarterly Revenue Growth YOY
0.372
Return On Assets
(0.06) 
Return On Equity
(0.16) 
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine Okta value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.