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

Correlation

The correlation between OPRA and GTLB is 0.33, 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.


-0.50.00.51.0
Correlation: 0.3

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.

-50.00%0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
95.40%
-60.45%
OPRA
GTLB

Key characteristics

Sharpe Ratio

OPRA:

-0.10

GTLB:

-0.48

Sortino Ratio

OPRA:

0.22

GTLB:

-0.42

Omega Ratio

OPRA:

1.03

GTLB:

0.95

Calmar Ratio

OPRA:

-0.09

GTLB:

-0.40

Martin Ratio

OPRA:

-0.38

GTLB:

-1.70

Ulcer Index

OPRA:

14.14%

GTLB:

16.08%

Daily Std Dev

OPRA:

51.43%

GTLB:

57.40%

Max Drawdown

OPRA:

-72.85%

GTLB:

-79.55%

Current Drawdown

OPRA:

-45.66%

GTLB:

-68.60%

Fundamentals

Market Cap

OPRA:

$1.23B

GTLB:

$6.74B

EPS

OPRA:

$0.90

GTLB:

-$0.04

Total Revenue (TTM)

OPRA:

$379.00M

GTLB:

$759.25M

Gross Profit (TTM)

OPRA:

$201.34M

GTLB:

$674.11M

EBITDA (TTM)

OPRA:

$85.49M

GTLB:

-$130.52M

Returns By Period

In the year-to-date period, OPRA achieves a -24.81% return, which is significantly higher than GTLB's -27.08% return.


OPRA

YTD

-24.81%

1M

-21.72%

6M

-3.42%

1Y

-2.49%

5Y*

28.75%

10Y*

N/A

GTLB

YTD

-27.08%

1M

-33.50%

6M

-18.08%

1Y

-27.40%

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 4848
Overall Rank
The Sharpe Ratio Rank of OPRA is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of OPRA is 4747
Sortino Ratio Rank
The Omega Ratio Rank of OPRA is 4646
Omega Ratio Rank
The Calmar Ratio Rank of OPRA is 5050
Calmar Ratio Rank
The Martin Ratio Rank of OPRA is 4848
Martin Ratio Rank

GTLB
The Risk-Adjusted Performance Rank of GTLB is 2626
Overall Rank
The Sharpe Ratio Rank of GTLB is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of GTLB is 3030
Sortino Ratio Rank
The Omega Ratio Rank of GTLB is 3131
Omega Ratio Rank
The Calmar Ratio Rank of GTLB is 3030
Calmar Ratio Rank
The Martin Ratio Rank of GTLB is 77
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 -0.10, compared to the broader market-2.00-1.000.001.002.00
OPRA: -0.10
GTLB: -0.48
The chart of Sortino ratio for OPRA, currently valued at 0.22, compared to the broader market-6.00-4.00-2.000.002.004.00
OPRA: 0.22
GTLB: -0.42
The chart of Omega ratio for OPRA, currently valued at 1.03, compared to the broader market0.501.001.502.00
OPRA: 1.03
GTLB: 0.95
The chart of Calmar ratio for OPRA, currently valued at -0.09, compared to the broader market0.001.002.003.004.00
OPRA: -0.09
GTLB: -0.40
The chart of Martin ratio for OPRA, currently valued at -0.38, compared to the broader market-10.000.0010.0020.00
OPRA: -0.38
GTLB: -1.70

The current OPRA Sharpe Ratio is -0.10, which is higher than the GTLB Sharpe Ratio of -0.48. 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 Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.10
-0.48
OPRA
GTLB

Dividends

OPRA vs. GTLB - Dividend Comparison

OPRA's dividend yield for the trailing twelve months is around 5.73%, while GTLB has not paid dividends to shareholders.


TTM20242023
OPRA
Opera Limited
5.73%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%NovemberDecember2025FebruaryMarchApril
-45.66%
-68.60%
OPRA
GTLB

Volatility

OPRA vs. GTLB - Volatility Comparison

The current volatility for Opera Limited (OPRA) is 17.54%, while GitLab Inc. (GTLB) has a volatility of 19.48%. 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.


8.00%10.00%12.00%14.00%16.00%18.00%20.00%22.00%NovemberDecember2025FebruaryMarchApril
17.54%
19.48%
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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