TME vs OKTA
Comparison between Tencent Music Entertainment Group (TME, Company) and Okta Inc - Class A (OKTA, Company).
TME is from the Communication Services sector, while OKTA is from the Technology sector.
5-Year PerformanceTME has outperformed OKTA, delivering a return of -10.2% compared to -18.4%
TME vs OKTA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TME vs OKTA - Historical Returns
Returns include dividend reinvestment.
TME vs OKTA - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | TME | OKTA |
|---|---|---|
| 2026 | -51.33% | -1.04% |
| 2025 | +56.81% | +9.69% |
| 2024 | +31.24% | -9.43% |
| 2023 | +4.77% | +30.17% |
| 2022 | +20.88% | -69.31% |
| 2021 | -64.64% | -10.57% |
| 2020 | +53.18% | +116.74% |
| 2019 | -9.69% | +82.37% |
| 2018 | -5.57% | +141.12% |
| 2017 | N/A | +8.93% |
TME vs OKTA Drawdown Comparison
The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.
The maximum drawdown for OKTA was -84.57%, occurring on Nov 4, 2022. This drawdown has not yet recovered.
The current TME drawdown is -72.05%. The current OKTA drawdown is -71.63%.
| Rank | TME | OKTA |
|---|---|---|
| #1 | -90.19% Mar 23, 2021 - Mar 14, 2022 | -84.57% Feb 12, 2021 - Nov 4, 2022 |
| #2 | -50.55% Mar 18, 2019 - Dec 30, 2020 | -35.53% Sep 12, 2018 - Jan 17, 2019 |
| #3 | -14.29% Dec 12, 2018 - Jan 18, 2019 | -31.63% Jul 26, 2019 - Apr 15, 2020 |
| #4 | -12.38% Jan 24, 2019 - Feb 12, 2019 | -19.63% Jun 19, 2017 - Sep 8, 2017 |
| #5 | -12.12% Feb 16, 2021 - Mar 18, 2021 | -19.34% Nov 24, 2017 - Feb 13, 2018 |
| #6 | -8.79% Feb 2, 2021 - Feb 16, 2021 | -17.45% Oct 13, 2020 - Dec 8, 2020 |
| #7 | -8.69% Feb 25, 2019 - Mar 18, 2019 | -16.24% Sep 2, 2020 - Oct 6, 2020 |
| #8 | -4.83% Feb 14, 2019 - Feb 19, 2019 | -16.06% Dec 22, 2020 - Feb 10, 2021 |
| #9 | -3.16% Jan 19, 2021 - Jan 22, 2021 | -15.78% Jun 4, 2018 - Jul 25, 2018 |
| #10 | -2.24% Jan 25, 2021 - Feb 2, 2021 | -14.09% Jul 26, 2018 - Aug 23, 2018 |
| #11 | -1.67% Jan 6, 2021 - Jan 8, 2021 | -12.96% Apr 27, 2017 - Jun 8, 2017 |
| #12 | -1.63% Feb 20, 2019 - Feb 22, 2019 | -12.65% Jun 1, 2020 - Jul 1, 2020 |
| #13 | -1.44% Jan 12, 2021 - Jan 14, 2021 | -12.30% Jun 8, 2017 - Jun 19, 2017 |
| #14 | -0.87% Feb 12, 2019 - Feb 14, 2019 | -12.28% Sep 8, 2017 - Nov 24, 2017 |
| #15 | -0.33% Jan 8, 2021 - Jan 12, 2021 | -12.25% Aug 5, 2020 - Aug 26, 2020 |
Correlation
Correlation between TME and OKTA is 0.25 which considered as a very weak or no correlation - the stocks move independently of each other.
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