Gaslog Partners Lp Preferred Stock Market Value
| GLOP-PC Preferred Stock | USD 25.30 0.24 0.96% |
| Symbol | GasLog |
GasLog Partners 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GasLog Partners' preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GasLog Partners.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in GasLog Partners on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding GasLog Partners LP or generate 0.0% return on investment in GasLog Partners over 360 days. GasLog Partners is related to or competes with GasLog Partners, Seapeak LLC, Dynagas LNG, NGL Energy, GasLog Partners, and Global Partners. GasLog Partners LP owns, operates, and acquires liquefied natural gas carriers under multi-year charters More
GasLog Partners Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GasLog Partners' preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GasLog Partners LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9369 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.4 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.7189 |
GasLog Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GasLog Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GasLog Partners' standard deviation. In reality, there are many statistical measures that can use GasLog Partners historical prices to predict the future GasLog Partners' volatility.| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | 0.0424 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 2.62 |
GasLog Partners LP Backtested Returns
At this point, GasLog Partners is very steady. GasLog Partners LP holds Efficiency (Sharpe) Ratio of 0.066, which attests that the entity had a 0.066% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GasLog Partners LP, which you can use to evaluate the volatility of the firm. Please check out GasLog Partners' Market Risk Adjusted Performance of 2.63, risk adjusted performance of 0.0498, and Downside Deviation of 0.9369 to validate if the risk estimate we provide is consistent with the expected return of 0.0543%. GasLog Partners has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0169, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GasLog Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding GasLog Partners is expected to be smaller as well. GasLog Partners LP right now retains a risk of 0.82%. Please check out GasLog Partners total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if GasLog Partners will be following its current trending patterns.
Auto-correlation | 0.89 |
Very good predictability
GasLog Partners LP has very good predictability. Overlapping area represents the amount of predictability between GasLog Partners time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GasLog Partners LP price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current GasLog Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
GasLog Partners LP lagged returns against current returns
Autocorrelation, which is GasLog Partners preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting GasLog Partners' preferred stock expected returns. We can calculate the autocorrelation of GasLog Partners returns to help us make a trade decision. For example, suppose you find that GasLog Partners has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
GasLog Partners regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If GasLog Partners preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GasLog Partners preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GasLog Partners preferred stock over time.
Current vs Lagged Prices |
| Timeline |
GasLog Partners Lagged Returns
When evaluating GasLog Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GasLog Partners preferred stock have on its future price. GasLog Partners autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, GasLog Partners autocorrelation shows the relationship between GasLog Partners preferred stock current value and its past values and can show if there is a momentum factor associated with investing in GasLog Partners LP.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in GasLog Preferred Stock
GasLog Partners financial ratios help investors to determine whether GasLog Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GasLog with respect to the benefits of owning GasLog Partners security.