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

Performance

OPRA vs. TCOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opera Limited (OPRA) and Trip.com Group Limited (TCOM). 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 42.17% return, which is significantly higher than TCOM's -40.48% return.


OPRA

1D
-0.52%
1M
10.19%
6M
45.48%
YTD
42.17%
1Y
9.17%
3Y*
-4.32%
5Y*
19.43%
10Y*

TCOM

1D
3.31%
1M
-9.69%
6M
-43.43%
YTD
-40.48%
1Y
-30.88%
3Y*
6.23%
5Y*
5.97%
10Y*
0.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OPRA vs. TCOM - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
OPRA
Opera Limited
42.17%-22.08%52.02%140.60%-10.91%-22.67%-1.30%66.37%-61.23%
TCOM
Trip.com Group Limited
-40.48%5.24%90.67%4.68%39.72%-27.01%0.57%23.95%-36.52%

Correlation

The correlation between OPRA and TCOM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

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

0.28

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

0.26

Fundamentals

Market Cap

OPRA:

$1.72B

TCOM:

$26.95B

EPS

OPRA:

$1.26

TCOM:

CN¥45.41

PE Ratio

OPRA:

15.23

TCOM:

6.39

PEG Ratio

OPRA:

0.06

TCOM:

0.04

PS Ratio

OPRA:

2.70

TCOM:

3.12

PB Ratio

OPRA:

1.77

TCOM:

1.20

Total Revenue (TTM)

OPRA:

$647.66M

TCOM:

CN¥64.48B

Gross Profit (TTM)

OPRA:

$378.92M

TCOM:

CN¥51.79B

EBITDA (TTM)

OPRA:

$154.47M

TCOM:

CN¥39.20B

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Return for Risk

OPRA vs. TCOM — Risk / Return Rank

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

OPRA
OPRA Risk / Return Rank: 4646
Overall Rank
OPRA Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
OPRA Sortino Ratio Rank: 4646
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

TCOM
TCOM Risk / Return Rank: 1414
Overall Rank
TCOM Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
TCOM Sortino Ratio Rank: 1313
Sortino Ratio Rank
TCOM Omega Ratio Rank: 1111
Omega Ratio Rank
TCOM Calmar Ratio Rank: 2121
Calmar Ratio Rank
TCOM Martin Ratio Rank: 1515
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. TCOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opera Limited (OPRA) and Trip.com Group Limited (TCOM). 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.


OPRATCOMDifference
Sharpe ratioReturn per unit of total volatility

+0.86

Sortino ratioReturn per unit of downside risk

+1.49

Omega ratioGain probability vs. loss probability

1.05

0.85

+0.20

Calmar ratioReturn relative to maximum drawdown

0.05

-0.62

+0.68

Martin ratioReturn relative to average drawdown

0.09

-1.24

+1.33

OPRA vs. TCOM - Sharpe Ratio Comparison

The current OPRA Sharpe Ratio is 0.04, which is higher than the TCOM Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of OPRA and TCOM, 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. TCOM - Drawdown Comparison

The maximum OPRA drawdown since its inception was -72.85%, roughly equal to the maximum TCOM drawdown of -76.34%. Use the drawdown chart below to compare losses from any high point for OPRA and TCOM.


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Drawdown Indicators


OPRATCOMDifference

Max Drawdown

Largest peak-to-trough decline

-72.85%

-76.34%

+3.49%

Max Drawdown (1Y)

Largest decline over 1 year

-41.28%

-49.54%

+8.26%

Max Drawdown (3Y)

Largest decline over 3 years

-61.68%

-49.54%

-12.14%

Max Drawdown (5Y)

Largest decline over 5 years

-61.97%

-49.54%

-12.43%

Max Drawdown (10Y)

Largest decline over 10 years

-71.96%

Current Drawdown

Current decline from peak

-19.94%

-45.80%

+25.86%

Average Drawdown

Average peak-to-trough decline

-40.90%

-27.89%

-13.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.37%

24.98%

-1.61%

Volatility

OPRA vs. TCOM - Volatility Comparison

The current volatility for Opera Limited (OPRA) is 10.70%, while Trip.com Group Limited (TCOM) has a volatility of 16.28%. This indicates that OPRA experiences smaller price fluctuations and is considered to be less risky than TCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OPRATCOMDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.70%

16.28%

-5.58%

Volatility (6M)

Calculated over the trailing 6-month period

39.68%

31.02%

+8.66%

Volatility (1Y)

Calculated over the trailing 1-year period

52.04%

38.00%

+14.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

60.50%

49.47%

+11.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

64.11%

44.42%

+19.69%

Dividends

OPRA vs. TCOM - Dividend Comparison

OPRA's dividend yield for the trailing twelve months is around 4.17%, while TCOM has not paid dividends to shareholders.


PositionTTM202520242023
OPRA
Opera Limited
4.17%5.65%4.22%8.92%
TCOM
Trip.com Group Limited
0.00%0.42%0.00%0.00%

Financials

OPRA vs. TCOM - Financials Comparison

This section allows you to compare key financial metrics between Opera Limited and Trip.com Group Limited. 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


0.005.00B10.00B15.00B20.00BJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
175.77M
16.11B
(OPRA) Total Revenue
(TCOM) Total Revenue
Please note, different currencies. OPRA values in USD, TCOM values in CNY

OPRA vs. TCOM - Profitability Comparison

The chart below illustrates the profitability comparison between Opera Limited and Trip.com Group Limited 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%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
63.2%
79.5%
Portfolio components
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%.

TCOM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported a gross profit of 12.80B and revenue of 16.11B. Therefore, the gross margin over that period was 79.5%.

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%.

TCOM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported an operating income of 3.92B and revenue of 16.11B, resulting in an operating margin of 24.3%.

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%.

TCOM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported a net income of 2.48B and revenue of 16.11B, resulting in a net margin of 15.4%.


Frequently Asked Questions


OPRA and TCOM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TCOM has higher volatility (16.28%) compared to OPRA (10.70%). In terms of maximum drawdown, OPRA dropped -72.85% vs TCOM's -76.34%.

OPRA currently has the higher Sharpe Ratio (0.04 vs -0.81), 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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