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OPRA vs. RMBS
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

OPRA vs. RMBS - Performance Comparison

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

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Returns By Period

In the year-to-date period, OPRA achieves a 35.19% return, which is significantly lower than RMBS's 52.74% return.


OPRA

1D
0.54%
1M
6.83%
YTD
35.19%
6M
29.87%
1Y
8.39%
3Y*
7.87%
5Y*
18.94%
10Y*

RMBS

1D
-0.58%
1M
-1.84%
YTD
52.74%
6M
47.33%
1Y
136.36%
3Y*
33.29%
5Y*
43.48%
10Y*
28.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OPRA vs. RMBS - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
OPRA
Opera Limited
35.19%-22.08%52.02%140.60%-10.91%-22.67%-1.30%66.37%-61.23%
RMBS
Rambus Inc.
52.74%73.84%-22.55%90.54%21.88%68.33%26.75%79.60%-43.02%

Correlation

The correlation between OPRA and RMBS 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

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Jul 27, 2018

0.33

Fundamentals

Market Cap

OPRA:

$1.70B

RMBS:

$15.40B

EPS

OPRA:

$1.26

RMBS:

$2.11

PE Ratio

OPRA:

14.74

RMBS:

66.67

PEG Ratio

OPRA:

0.06

RMBS:

0.14

PS Ratio

OPRA:

2.61

RMBS:

21.26

PB Ratio

OPRA:

1.72

RMBS:

11.05

Total Revenue (TTM)

OPRA:

$647.66M

RMBS:

$721.16M

Gross Profit (TTM)

OPRA:

$378.92M

RMBS:

$555.52M

EBITDA (TTM)

OPRA:

$154.47M

RMBS:

$298.07M

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Return for Risk

OPRA vs. RMBS — Risk / Return Rank

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

OPRA
OPRA Risk / Return Rank: 4747
Overall Rank
OPRA Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
OPRA Sortino Ratio Rank: 4747
Sortino Ratio Rank
OPRA Omega Ratio Rank: 4545
Omega Ratio Rank
OPRA Calmar Ratio Rank: 4747
Calmar Ratio Rank
OPRA Martin Ratio Rank: 4646
Martin Ratio Rank

RMBS
RMBS Risk / Return Rank: 8484
Overall Rank
RMBS Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
RMBS Sortino Ratio Rank: 8080
Sortino Ratio Rank
RMBS Omega Ratio Rank: 8282
Omega Ratio Rank
RMBS Calmar Ratio Rank: 8787
Calmar Ratio Rank
RMBS Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OPRA vs. RMBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opera Limited (OPRA) and Rambus Inc. (RMBS). 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.


OPRARMBSDifference
Sharpe ratioReturn per unit of total volatility

-1.63

Sortino ratioReturn per unit of downside risk

-1.59

Omega ratioGain probability vs. loss probability

1.08

1.31

-0.23

Calmar ratioReturn relative to maximum drawdown

0.20

3.74

-3.53

Martin ratioReturn relative to average drawdown

0.36

9.20

-8.84

OPRA vs. RMBS - Sharpe Ratio Comparison

The current OPRA Sharpe Ratio is 0.16, which is lower than the RMBS Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of OPRA and RMBS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

OPRA vs. RMBS - Drawdown Comparison

The maximum OPRA drawdown since its inception was -72.85%, smaller than the maximum RMBS drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for OPRA and RMBS.


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Drawdown Indicators


OPRARMBSDifference

Max Drawdown

Largest peak-to-trough decline

-72.85%

-97.16%

+24.31%

Max Drawdown (1Y)

Largest decline over 1 year

-41.28%

-36.69%

-4.59%

Max Drawdown (3Y)

Largest decline over 3 years

-61.68%

-48.83%

-12.85%

Max Drawdown (5Y)

Largest decline over 5 years

-62.86%

-48.83%

-14.03%

Max Drawdown (10Y)

Largest decline over 10 years

-52.95%

Current Drawdown

Current decline from peak

-23.87%

-17.76%

-6.11%

Average Drawdown

Average peak-to-trough decline

-41.04%

-74.84%

+33.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.43%

14.87%

+8.56%

Volatility

OPRA vs. RMBS - Volatility Comparison

The current volatility for Opera Limited (OPRA) is 10.49%, while Rambus Inc. (RMBS) has a volatility of 28.67%. This indicates that OPRA experiences smaller price fluctuations and is considered to be less risky than RMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OPRARMBSDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.49%

28.67%

-18.18%

Volatility (6M)

Calculated over the trailing 6-month period

39.31%

61.93%

-22.62%

Volatility (1Y)

Calculated over the trailing 1-year period

52.44%

76.80%

-24.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

60.50%

55.57%

+4.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

64.26%

46.46%

+17.80%

Dividends

OPRA vs. RMBS - Dividend Comparison

OPRA's dividend yield for the trailing twelve months is around 4.30%, while RMBS has not paid dividends to shareholders.


PositionTTM202520242023
OPRA
Opera Limited
4.30%5.65%4.22%8.92%
RMBS
Rambus Inc.
0.00%0.00%0.00%0.00%

Financials

OPRA vs. RMBS - Financials Comparison

This section allows you to compare key financial metrics between Opera Limited and Rambus 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


50.00M100.00M150.00M200.00M20222023202420252026
175.77M
180.19M
(OPRA) Total Revenue
(RMBS) Total Revenue
Values in USD except per share items

OPRA vs. RMBS - Profitability Comparison

The chart below illustrates the profitability comparison between Opera Limited and Rambus 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%20222023202420252026
63.2%
79.7%
Portfolio components
OPRA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

RMBS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported a gross profit of 143.66M and revenue of 180.19M. Therefore, the gross margin over that period was 79.7%.

OPRA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Opera Limited reported an operating income of 30.43M and revenue of 175.77M, resulting in an operating margin of 17.3%.

RMBS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported an operating income of 61.76M and revenue of 180.19M, resulting in an operating margin of 34.3%.

OPRA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Opera Limited reported a net income of 24.79M and revenue of 175.77M, resulting in a net margin of 14.1%.

RMBS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported a net income of 59.86M and revenue of 180.19M, resulting in a net margin of 33.2%.


Frequently Asked Questions


OPRA and RMBS 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.

RMBS has higher volatility (28.67%) compared to OPRA (10.49%). In terms of maximum drawdown, OPRA dropped -72.85% vs RMBS's -97.16%.

RMBS currently has the higher Sharpe Ratio (1.79 vs 0.16), 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.

Portfolio Optimizer

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