Opera Market Capitalization from 2010 to 2024

OPRA Stock  USD 20.19  0.89  4.61%   
Opera's Market Cap is decreasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 1 B.
Check Opera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opera's main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 7.2 M or Interest Expense of 350.6 K, as well as many indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0157 or PTB Ratio of 1.43. Opera financial statements analysis is a perfect complement when working with Opera Valuation or Volatility modules.
  
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Latest Opera's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Opera over the last few years. It is Opera's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Opera's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.71 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Opera Market Capitalization Regression Statistics

Arithmetic Mean1,045,723,485
Geometric Mean1,008,518,464
Coefficient Of Variation24.91
Mean Deviation209,306,138
Median1,180,855,597
Standard Deviation260,502,706
Sample Variance67861.7T
Range683.8M
R-Value(0.49)
Mean Square Error55400.8T
R-Squared0.24
Significance0.06
Slope(28,651,419)
Total Sum of Squares950063.2T

Opera Market Capitalization History

2024B
20231.2 B
2022688.6 M
2021812.9 M
20201.1 B
2019B

About Opera Financial Statements

Opera stakeholders use historical fundamental indicators, such as Opera's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Opera investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opera's assets and liabilities are reflected in the revenues and expenses on Opera's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Opera. Please read more on our technical analysis and fundamental analysis pages.
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera is traded on NASDAQ Exchange in the United States.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opera. If investors know Opera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.111
Dividend Share
0.8
Earnings Share
1.8
Revenue Per Share
5.073
Quarterly Revenue Growth
0.2
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opera's market value can be influenced by many factors that don't directly affect Opera's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.