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Opera Limited (OPRA)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS68373M1071
CUSIP68373M107
SectorCommunication Services
IndustryInternet Content & Information

Highlights

Market Cap$1.17B
EPS$1.70
PE Ratio7.79
Revenue (TTM)$411.65M
Gross Profit (TTM)$201.86M
EBITDA (TTM)$74.51M
Year Range$10.12 - $27.72
Target Price$20.58
Short %15.30%
Short Ratio4.51

Share Price Chart


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Compare to other instruments

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Opera Limited

Popular comparisons: OPRA vs. PATH, OPRA vs. RMBS, OPRA vs. VOO, OPRA vs. IMOS, OPRA vs. SCHD, OPRA vs. AZN, OPRA vs. SOUN, OPRA vs. SWPPX, OPRA vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Opera Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%December2024FebruaryMarchAprilMay
20.66%
88.31%
OPRA (Opera Limited)
Benchmark (^GSPC)

S&P 500

Returns By Period

Opera Limited had a return of 4.21% year-to-date (YTD) and -0.66% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date4.21%11.29%
1 month-4.16%6.86%
6 months9.77%16.73%
1 year-0.66%26.63%
5 years (annualized)10.10%13.23%
10 years (annualized)N/A10.84%

Monthly Returns

The table below presents the monthly returns of OPRA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-14.42%10.93%29.80%-21.06%4.21%
202318.10%36.56%12.50%17.60%31.61%29.08%-9.46%-17.01%-24.51%2.75%-4.15%19.19%141.33%
2022-8.36%-4.48%-4.37%-4.23%-5.65%-17.42%16.10%-6.05%-9.77%9.91%10.69%19.13%-10.91%
2021-5.70%40.07%-17.08%8.50%9.31%-13.58%-5.76%7.76%-14.99%-5.88%-7.32%-8.55%-22.67%
2020-18.05%6.60%-33.54%7.08%7.48%45.63%10.33%-8.96%8.19%-6.95%-6.37%7.16%-1.30%
201947.84%9.37%-26.92%46.73%18.98%-8.98%8.72%19.91%-26.16%0.20%0.70%-8.78%66.37%
2018-7.78%-2.40%-23.81%-26.58%4.55%-19.42%-57.59%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of OPRA is 46, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of OPRA is 4646
OPRA (Opera Limited)
The Sharpe Ratio Rank of OPRA is 4545Sharpe Ratio Rank
The Sortino Ratio Rank of OPRA is 4747Sortino Ratio Rank
The Omega Ratio Rank of OPRA is 4848Omega Ratio Rank
The Calmar Ratio Rank of OPRA is 4747Calmar Ratio Rank
The Martin Ratio Rank of OPRA is 4444Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Opera Limited (OPRA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


OPRA
Sharpe ratio
The chart of Sharpe ratio for OPRA, currently valued at 0.06, compared to the broader market-2.00-1.000.001.002.003.004.000.06
Sortino ratio
The chart of Sortino ratio for OPRA, currently valued at 0.60, compared to the broader market-4.00-2.000.002.004.006.000.60
Omega ratio
The chart of Omega ratio for OPRA, currently valued at 1.08, compared to the broader market0.501.001.502.001.08
Calmar ratio
The chart of Calmar ratio for OPRA, currently valued at 0.07, compared to the broader market0.002.004.006.000.07
Martin ratio
The chart of Martin ratio for OPRA, currently valued at 0.09, compared to the broader market-200,000.00-150,000.00-100,000.00-50,000.000.000.09
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.30, compared to the broader market-2.00-1.000.001.002.003.004.002.30
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.26, compared to the broader market-4.00-2.000.002.004.006.003.26
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market0.501.001.502.001.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.86, compared to the broader market0.002.004.006.001.86
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.76, compared to the broader market-200,000.00-150,000.00-100,000.00-50,000.000.008.76

Sharpe Ratio

The current Opera Limited Sharpe ratio is 0.06. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Opera Limited with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.06
2.30
OPRA (Opera Limited)
Benchmark (^GSPC)

Dividends

Dividend History

Opera Limited granted a 5.98% dividend yield in the last twelve months. The annual payout for that period amounted to $0.80 per share.


PeriodTTM2023
Dividend$0.80$1.20

Dividend yield

5.98%9.07%

Monthly Dividends

The table displays the monthly dividend distributions for Opera Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.40$0.00$0.00$0.00$0.00$0.40
2023$0.80$0.00$0.00$0.00$0.00$0.40$0.00$0.00$0.00$0.00$0.00$0.00$1.20

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%6.0%
Opera Limited has a dividend yield of 5.98%, which means its dividend payment is significantly above the market average.
Payout Ratio
20.0%40.0%60.0%80.0%100.0%120.0%39.8%
Opera Limited has a payout ratio of 39.80%, which is quite average when compared to the overall market. This suggests that Opera Limited strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-50.46%
0
OPRA (Opera Limited)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Opera Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Opera Limited was 72.85%, occurring on Oct 24, 2022. Recovery took 136 trading sessions.

The current Opera Limited drawdown is 50.46%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-72.85%Sep 6, 2019790Oct 24, 2022136May 10, 2023926
-61.68%Jul 14, 2023105Dec 11, 2023
-59.79%Aug 8, 201893Dec 19, 2018177Sep 4, 2019270
-17.31%Jun 20, 20235Jun 26, 20235Jul 3, 202310
-12.28%Jul 30, 20185Aug 3, 20181Aug 6, 20186

Volatility

Volatility Chart

The current Opera Limited volatility is 12.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%December2024FebruaryMarchAprilMay
12.93%
3.15%
OPRA (Opera Limited)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Opera Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

0.00

Cost Of Revenue

0.00

Gross Profit

0.00
Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items