Gaslog Partners Correlations
GLOPDelisted Stock | USD 8.63 0.01 0.12% |
The current 90-days correlation between Gaslog Partners LP and Martin Midstream Partners is 0.01 (i.e., Significant diversification). The correlation of Gaslog Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Gaslog Partners Correlation With Market
Good diversification
The correlation between Gaslog Partners LP and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gaslog Partners LP and DJI in the same portfolio, assuming nothing else is changed.
Gaslog |
Moving together with Gaslog Stock
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Moving against Gaslog Stock
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0.86 | KO | Coca Cola Aggressive Push | PairCorr |
0.85 | PPERF | Bank Mandiri Persero | PairCorr |
0.84 | PPERY | Bank Mandiri Persero | PairCorr |
0.81 | BKRKF | PT Bank Rakyat | PairCorr |
0.76 | SHG | Shinhan Financial | PairCorr |
0.74 | PFE | Pfizer Inc Aggressive Push | PairCorr |
0.71 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
0.64 | PBCRY | Bank Central Asia | PairCorr |
0.58 | PTBRY | Bank Negara Indonesia | PairCorr |
0.48 | PBCRF | PT Bank Central | PairCorr |
0.4 | WF | Woori Financial Group | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Gaslog Stock performing well and Gaslog Partners Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gaslog Partners' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
BROG | 5.69 | 0.64 | 0.07 | 2.78 | 6.64 | 14.94 | 35.24 | |||
DLNG-PB | 0.52 | 0.05 | (0.12) | (0.50) | 0.62 | 0.91 | 3.96 | |||
DLNG-PA | 0.33 | 0.02 | (0.21) | 0.38 | 0.31 | 0.71 | 2.36 | |||
MMLP | 0.76 | 0.11 | 0.02 | 0.45 | 1.04 | 1.40 | 10.47 | |||
GLOP-PC | 0.32 | 0.04 | (0.09) | 0.78 | 0.66 | 0.48 | 8.42 | |||
GLOP-PB | 0.26 | 0.02 | (0.28) | 0.34 | 0.15 | 0.55 | 1.40 | |||
SEAL-PB | 0.49 | 0.07 | (0.11) | (0.43) | 0.52 | 1.04 | 3.69 | |||
NGL-PC | 0.53 | 0.00 | (0.11) | 0.13 | 0.79 | 1.13 | 4.02 |
Gaslog Partners Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gaslog Partners stock to make a market-neutral strategy. Peer analysis of Gaslog Partners could also be used in its relative valuation, which is a method of valuing Gaslog Partners by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Gaslog Partners Corporate Executives
Elected by the shareholders, the Gaslog Partners' board of directors comprises two types of representatives: Gaslog Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gaslog. The board's role is to monitor Gaslog Partners' management team and ensure that shareholders' interests are well served. Gaslog Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gaslog Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
Alastair Maxwell | Chief Financial Officer of GasLog Partners GP LLC | Profile | |
Achilleas Tasioulas | Chief Financial Officer of GasLog Partners GP LLC | Profile |
Still Interested in Gaslog Partners LP?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.