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OPRA vs. GTLB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OPRA and GTLB is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

OPRA vs. GTLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opera Limited (OPRA) and GitLab Inc. (GTLB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OPRA:

0.78

GTLB:

-0.15

Sortino Ratio

OPRA:

1.40

GTLB:

0.33

Omega Ratio

OPRA:

1.16

GTLB:

1.04

Calmar Ratio

OPRA:

0.62

GTLB:

-0.07

Martin Ratio

OPRA:

2.56

GTLB:

-0.26

Ulcer Index

OPRA:

14.24%

GTLB:

19.77%

Daily Std Dev

OPRA:

51.82%

GTLB:

60.18%

Max Drawdown

OPRA:

-72.85%

GTLB:

-79.55%

Current Drawdown

OPRA:

-29.07%

GTLB:

-60.66%

Fundamentals

Market Cap

OPRA:

$1.63B

GTLB:

$8.50B

EPS

OPRA:

$0.93

GTLB:

-$0.04

PS Ratio

OPRA:

3.13

GTLB:

11.20

PB Ratio

OPRA:

1.75

GTLB:

10.96

Total Revenue (TTM)

OPRA:

$522.43M

GTLB:

$590.06M

Gross Profit (TTM)

OPRA:

$265.69M

GTLB:

$523.70M

EBITDA (TTM)

OPRA:

$110.97M

GTLB:

-$78.92M

Returns By Period

In the year-to-date period, OPRA achieves a -1.85% return, which is significantly higher than GTLB's -8.62% return.


OPRA

YTD

-1.85%

1M

27.08%

6M

1.87%

1Y

44.48%

5Y*

31.89%

10Y*

N/A

GTLB

YTD

-8.62%

1M

20.02%

6M

-14.00%

1Y

-8.48%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

OPRA vs. GTLB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPRA
The Risk-Adjusted Performance Rank of OPRA is 7575
Overall Rank
The Sharpe Ratio Rank of OPRA is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of OPRA is 7575
Sortino Ratio Rank
The Omega Ratio Rank of OPRA is 6969
Omega Ratio Rank
The Calmar Ratio Rank of OPRA is 7575
Calmar Ratio Rank
The Martin Ratio Rank of OPRA is 7676
Martin Ratio Rank

GTLB
The Risk-Adjusted Performance Rank of GTLB is 4545
Overall Rank
The Sharpe Ratio Rank of GTLB is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of GTLB is 4646
Sortino Ratio Rank
The Omega Ratio Rank of GTLB is 4444
Omega Ratio Rank
The Calmar Ratio Rank of GTLB is 4646
Calmar Ratio Rank
The Martin Ratio Rank of GTLB is 4545
Martin 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.

OPRA vs. GTLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Opera Limited (OPRA) and GitLab Inc. (GTLB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current OPRA Sharpe Ratio is 0.78, which is higher than the GTLB Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of OPRA and GTLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

OPRA vs. GTLB - Dividend Comparison

OPRA's dividend yield for the trailing twelve months is around 4.39%, while GTLB has not paid dividends to shareholders.


TTM20242023
OPRA
Opera Limited
4.39%4.22%9.07%
GTLB
GitLab Inc.
0.00%0.00%0.00%

Drawdowns

OPRA vs. GTLB - Drawdown Comparison

The maximum OPRA drawdown since its inception was -72.85%, smaller than the maximum GTLB drawdown of -79.55%. Use the drawdown chart below to compare losses from any high point for OPRA and GTLB. For additional features, visit the drawdowns tool.


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Volatility

OPRA vs. GTLB - Volatility Comparison

The current volatility for Opera Limited (OPRA) is 11.80%, while GitLab Inc. (GTLB) has a volatility of 12.80%. This indicates that OPRA experiences smaller price fluctuations and is considered to be less risky than GTLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

OPRA vs. GTLB - Financials Comparison

This section allows you to compare key financial metrics between Opera Limited and GitLab Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


50.00M100.00M150.00M200.00M20212022202320242025
143.44M
211.43M
(OPRA) Total Revenue
(GTLB) Total Revenue
Values in USD except per share items

OPRA vs. GTLB - Profitability Comparison

The chart below illustrates the profitability comparison between Opera Limited and GitLab Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

40.0%50.0%60.0%70.0%80.0%90.0%100.0%20212022202320242025
44.9%
89.2%
(OPRA) Gross Margin
(GTLB) Gross Margin
OPRA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Opera Limited reported a gross profit of 64.35M and revenue of 143.44M. Therefore, the gross margin over that period was 44.9%.

GTLB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, GitLab Inc. reported a gross profit of 188.56M and revenue of 211.43M. Therefore, the gross margin over that period was 89.2%.

OPRA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Opera Limited reported an operating income of 21.94M and revenue of 143.44M, resulting in an operating margin of 15.3%.

GTLB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, GitLab Inc. reported an operating income of -19.34M and revenue of 211.43M, resulting in an operating margin of -9.2%.

OPRA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Opera Limited reported a net income of 18.38M and revenue of 143.44M, resulting in a net margin of 12.8%.

GTLB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, GitLab Inc. reported a net income of 5.80M and revenue of 211.43M, resulting in a net margin of 2.8%.