OPRA vs. GTLB
Compare and contrast key facts about Opera Limited (OPRA) and GitLab Inc. (GTLB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OPRA or GTLB.
Correlation
The correlation between OPRA and GTLB is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OPRA vs. GTLB - Performance Comparison
Key characteristics
OPRA:
1.83
GTLB:
-0.06
OPRA:
2.71
GTLB:
0.33
OPRA:
1.31
GTLB:
1.04
OPRA:
1.64
GTLB:
-0.05
OPRA:
7.87
GTLB:
-0.13
OPRA:
12.65%
GTLB:
26.66%
OPRA:
54.36%
GTLB:
57.40%
OPRA:
-72.85%
GTLB:
-79.55%
OPRA:
-14.89%
GTLB:
-45.34%
Fundamentals
OPRA:
$1.93B
GTLB:
$11.61B
OPRA:
$1.80
GTLB:
-$0.30
OPRA:
$347.75M
GTLB:
$547.82M
OPRA:
$182.52M
GTLB:
$485.55M
OPRA:
$184.21M
GTLB:
-$113.88M
Returns By Period
In the year-to-date period, OPRA achieves a 17.77% return, which is significantly lower than GTLB's 26.96% return.
OPRA
17.77%
19.53%
75.78%
98.88%
31.73%
N/A
GTLB
26.96%
13.52%
53.78%
-2.49%
N/A
N/A
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Risk-Adjusted Performance
OPRA vs. GTLB — Risk-Adjusted Performance Rank
OPRA
GTLB
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.
Dividends
OPRA vs. GTLB - Dividend Comparison
OPRA's dividend yield for the trailing twelve months is around 3.66%, while GTLB has not paid dividends to shareholders.
TTM | 2024 | 2023 | |
---|---|---|---|
OPRA Opera Limited | 3.66% | 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.
Volatility
OPRA vs. GTLB - Volatility Comparison
Opera Limited (OPRA) and GitLab Inc. (GTLB) have volatilities of 16.58% and 16.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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.
Total Revenue: Total amount of money received from sales and other business activities