GasLog Partners Price To Earning vs. Gross Profit
GLOP-PA Preferred Stock | USD 25.90 0.36 1.41% |
For GasLog Partners profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GasLog Partners to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GasLog Partners LP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GasLog Partners's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GasLog Partners LP over time as well as its relative position and ranking within its peers.
GasLog |
GasLog Partners LP Gross Profit vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GasLog Partners's current stock value. Our valuation model uses many indicators to compare GasLog Partners value to that of its competitors to determine the firm's financial worth. GasLog Partners LP is rated # 4 in price to earning category among its peers. It is rated # 3 in gross profit category among its peers fabricating about 19,332,119 of Gross Profit per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value GasLog Partners by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GasLog Partners' Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.GasLog Gross Profit vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
GasLog Partners |
| = | 15.10 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
GasLog Partners |
| = | 291.92 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
GasLog Gross Profit Comparison
GasLog Partners is rated # 2 in gross profit category among its peers.
GasLog Partners Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GasLog Partners, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GasLog Partners will eventually generate negative long term returns. The profitability progress is the general direction of GasLog Partners' change in net profit over the period of time. It can combine multiple indicators of GasLog Partners, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
GasLog Partners LP owns, operates, and acquires liquefied natural gas carriers under multi-year charters. GasLog Partners operates under Oil Gas Midstream classification in USA and is traded on New York Stock Exchange.
GasLog Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GasLog Partners. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GasLog Partners position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GasLog Partners' important profitability drivers and their relationship over time.
Use GasLog Partners in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GasLog Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GasLog Partners will appreciate offsetting losses from the drop in the long position's value.GasLog Partners Pair Trading
GasLog Partners LP Pair Trading Analysis
The ability to find closely correlated positions to GasLog Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GasLog Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GasLog Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GasLog Partners LP to buy it.
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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GasLog Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GasLog Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GasLog Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your GasLog Partners position
In addition to having GasLog Partners in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beers Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in GasLog Preferred Stock
To fully project GasLog Partners' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GasLog Partners LP at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include GasLog Partners' income statement, its balance sheet, and the statement of cash flows.