OPRA vs. NICE
OPRA (Opera Limited) and NICE (NICE Ltd.) are both stocks. OPRA operates in Internet Content & Information (Communication Services), while NICE operates in Software - Application (Technology). Over the past 5 years, OPRA returned 19.43%/yr vs -17.19%/yr for NICE. At a 0.27 correlation, their price movements are largely independent.
Performance
OPRA vs. NICE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPRA achieves a 42.17% return, which is significantly higher than NICE's -11.77% return.
OPRA
- 1D
- -0.52%
- 1M
- 10.19%
- 6M
- 45.48%
- YTD
- 42.17%
- 1Y
- 9.17%
- 3Y*
- -4.32%
- 5Y*
- 19.43%
- 10Y*
- —
NICE
- 1D
- 1.92%
- 1M
- 13.24%
- 6M
- -14.80%
- YTD
- -11.77%
- 1Y
- -35.59%
- 3Y*
- -21.22%
- 5Y*
- -17.19%
- 10Y*
- 4.49%
OPRA vs. NICE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
OPRA Opera Limited | 42.17% | -22.08% | 52.02% | 140.60% | -10.91% | -22.67% | -1.30% | 66.37% | -61.23% |
NICE NICE Ltd. | -11.77% | -33.44% | -14.87% | 3.75% | -36.66% | 7.07% | 82.75% | 43.38% | -6.17% |
Correlation
The correlation between OPRA and NICE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.27 |
Fundamentals
OPRA:
$1.72B
NICE:
$5.84B
OPRA:
$1.26
NICE:
$8.52
OPRA:
15.23
NICE:
11.70
OPRA:
0.06
NICE:
0.35
OPRA:
2.70
NICE:
2.06
OPRA:
1.77
NICE:
1.64
OPRA:
$647.66M
NICE:
$3.01B
OPRA:
$378.92M
NICE:
$1.98B
OPRA:
$154.47M
NICE:
$841.27M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OPRA vs. NICE — Risk / Return Rank
OPRA
NICE
OPRA vs. NICE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Opera Limited (OPRA) and NICE Ltd. (NICE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OPRA | NICE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.87 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | -0.76 | +0.81 |
| Martin ratioReturn relative to average drawdown | 0.09 | -1.20 | +1.29 |
Loading charts...
Drawdowns
OPRA vs. NICE - Drawdown Comparison
The maximum OPRA drawdown since its inception was -72.85%, smaller than the maximum NICE drawdown of -93.23%. Use the drawdown chart below to compare losses from any high point for OPRA and NICE.
Loading charts...
Drawdown Indicators
| OPRA | NICE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.85% | -93.23% | +20.38% |
Max Drawdown (1Y)Largest decline over 1 year | -41.28% | -51.19% | +9.91% |
Max Drawdown (3Y)Largest decline over 3 years | -61.68% | -68.21% | +6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -61.97% | -73.60% | +11.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.60% | — |
Current DrawdownCurrent decline from peak | -19.94% | -68.34% | +48.40% |
Average DrawdownAverage peak-to-trough decline | -40.90% | -35.27% | -5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.37% | 32.47% | -9.10% |
Volatility
OPRA vs. NICE - Volatility Comparison
Opera Limited (OPRA) has a higher volatility of 10.70% compared to NICE Ltd. (NICE) at 10.16%. This indicates that OPRA's price experiences larger fluctuations and is considered to be riskier than NICE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OPRA | NICE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 10.16% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 39.68% | 42.52% | -2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.04% | 51.48% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.50% | 39.92% | +20.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.11% | 33.27% | +30.84% |
Dividends
OPRA vs. NICE - Dividend Comparison
OPRA's dividend yield for the trailing twelve months is around 4.17%, while NICE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NICE NICE Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.76% | 0.91% |
OPRA Opera Limited | 4.17% | 5.65% | 4.22% | 8.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OPRA vs. NICE - Financials Comparison
This section allows you to compare key financial metrics between Opera Limited and NICE Ltd.. 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
OPRA vs. NICE - Profitability Comparison
OPRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Opera Limited reported a gross profit of 111.02M and revenue of 175.77M. Therefore, the gross margin over that period was 63.2%.
NICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a gross profit of 493.46M and revenue of 766.53M. Therefore, the gross margin over that period was 64.4%.
OPRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Opera Limited reported an operating income of 30.43M and revenue of 175.77M, resulting in an operating margin of 17.3%.
NICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.
OPRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Opera Limited reported a net income of 24.79M and revenue of 175.77M, resulting in a net margin of 14.1%.
NICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.
Frequently Asked Questions
OPRA and NICE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPRA has higher volatility (10.70%) compared to NICE (10.16%). In terms of maximum drawdown, OPRA dropped -72.85% vs NICE's -93.23%.
OPRA currently has the higher Sharpe Ratio (0.04 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for OPRA and NICE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer