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

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.


-0.50.00.51.00.3

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.

0.00%20.00%40.00%60.00%80.00%SeptemberOctoberNovemberDecember2025February
75.79%
53.77%
OPRA
GTLB

Key characteristics

Sharpe Ratio

OPRA:

1.83

GTLB:

-0.06

Sortino Ratio

OPRA:

2.71

GTLB:

0.33

Omega Ratio

OPRA:

1.31

GTLB:

1.04

Calmar Ratio

OPRA:

1.64

GTLB:

-0.05

Martin Ratio

OPRA:

7.87

GTLB:

-0.13

Ulcer Index

OPRA:

12.65%

GTLB:

26.66%

Daily Std Dev

OPRA:

54.36%

GTLB:

57.40%

Max Drawdown

OPRA:

-72.85%

GTLB:

-79.55%

Current Drawdown

OPRA:

-14.89%

GTLB:

-45.34%

Fundamentals

Market Cap

OPRA:

$1.93B

GTLB:

$11.61B

EPS

OPRA:

$1.80

GTLB:

-$0.30

Total Revenue (TTM)

OPRA:

$347.75M

GTLB:

$547.82M

Gross Profit (TTM)

OPRA:

$182.52M

GTLB:

$485.55M

EBITDA (TTM)

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

YTD

17.77%

1M

19.53%

6M

75.78%

1Y

98.88%

5Y*

31.73%

10Y*

N/A

GTLB

YTD

26.96%

1M

13.52%

6M

53.78%

1Y

-2.49%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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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 8787
Overall Rank
The Sharpe Ratio Rank of OPRA is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of OPRA is 8888
Sortino Ratio Rank
The Omega Ratio Rank of OPRA is 8383
Omega Ratio Rank
The Calmar Ratio Rank of OPRA is 8787
Calmar Ratio Rank
The Martin Ratio Rank of OPRA is 8787
Martin Ratio Rank

GTLB
The Risk-Adjusted Performance Rank of GTLB is 4141
Overall Rank
The Sharpe Ratio Rank of GTLB is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of GTLB is 4040
Sortino Ratio Rank
The Omega Ratio Rank of GTLB is 3939
Omega Ratio Rank
The Calmar Ratio Rank of GTLB is 4141
Calmar Ratio Rank
The Martin Ratio Rank of GTLB is 4343
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.


Sharpe ratio
The chart of Sharpe ratio for OPRA, currently valued at 1.83, compared to the broader market-2.000.002.004.001.83-0.06
The chart of Sortino ratio for OPRA, currently valued at 2.71, compared to the broader market-6.00-4.00-2.000.002.004.006.002.710.33
The chart of Omega ratio for OPRA, currently valued at 1.31, compared to the broader market0.501.001.502.001.311.04
The chart of Calmar ratio for OPRA, currently valued at 1.64, compared to the broader market0.002.004.006.001.64-0.05
The chart of Martin ratio for OPRA, currently valued at 7.87, compared to the broader market0.0010.0020.0030.007.87-0.13
OPRA
GTLB

The current OPRA Sharpe Ratio is 1.83, which is higher than the GTLB Sharpe Ratio of -0.06. 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00SeptemberOctoberNovemberDecember2025February
1.83
-0.06
OPRA
GTLB

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.


TTM20242023
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.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%SeptemberOctoberNovemberDecember2025February
-14.89%
-45.34%
OPRA
GTLB

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.


10.00%15.00%20.00%25.00%SeptemberOctoberNovemberDecember2025February
16.58%
16.93%
OPRA
GTLB

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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