GasLog Partners Correlations

GLOP-PC Preferred Stock

USD 25.58 0.02 0.08%

The current 90-days correlation between GasLog Partners LP and Oil States International is -0.07 (i.e., Good 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.

GasLog Partners Correlation With Market

Significant diversification

The correlation between GasLog Partners LP and DJI is 0.05 (i.e., Significant 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.

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.

Moving together with GasLog Preferred Stock

0.67	TRP-PB	TC Energy Corp	Pair Corr
0.77	TRP-PC	TC Energy Corp	Pair Corr
0.61	TRP	TC Energy Corp	Pair Corr
0.66	OKE	ONEOK Inc	Pair Corr
0.77	TNCAF	TC Energy	Pair Corr
0.68	F	Ford Motor	Pair Corr
0.66	ABEV	Ambev SA ADR Aggressive Push	Pair Corr
0.67	NTOIY	Neste Oyj	Pair Corr
0.67	SVRA	Savara Inc	Pair Corr
0.72	WMT	Walmart Common Stock	Pair Corr
0.62	JBL	Jabil Circuit	Pair Corr
0.63	ESLT	Elbit Systems	Pair Corr
0.64	NWE	NorthWestern	Pair Corr
0.68	SITM	Sitime	Pair Corr

Moving against GasLog Preferred Stock

0.72	NIO	Nio Class A	Pair Corr
0.7	GRAB	Grab Holdings	Pair Corr
0.47	PLUG	Plug Power	Pair Corr
0.46	RXRX	Recursion Pharmaceuticals	Pair Corr
0.31	NVDA	NVIDIA	Pair Corr

Related Correlations Analysis

	SGU	OIS	OBE	EGY	GPRK	NGS	TBN	GEOS	FET	SD
SGU		0.66	0.65	0.43	0.22	0.58	0.34	-0.18	0.62	0.52	SGU
OIS	0.66		0.52	0.5	-0.04	0.75	0.72	0.01	0.93	0.45	OIS
OBE	0.65	0.52		0.5	0.34	0.45	0.45	-0.02	0.51	0.59	OBE
EGY	0.43	0.5	0.5		0.11	0.02	0.45	0.56	0.3	-0.04	EGY
GPRK	0.22	-0.04	0.34	0.11		0.15	-0.26	-0.09	-0.03	0.45	GPRK
NGS	0.58	0.75	0.45	0.02	0.15		0.45	-0.5	0.88	0.83	NGS
TBN	0.34	0.72	0.45	0.45	-0.26	0.45		0.19	0.7	0.16	TBN
GEOS	-0.18	0.01	-0.02	0.56	-0.09	-0.5	0.19		-0.23	-0.63	GEOS
FET	0.62	0.93	0.51	0.3	-0.03	0.88	0.7	-0.23		0.62	FET
SD	0.52	0.45	0.59	-0.04	0.45	0.83	0.16	-0.63	0.62		SD
	SGU	OIS	OBE	EGY	GPRK	NGS	TBN	GEOS	FET	SD

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FET	+ 0.93	OIS
FET	+ 0.88	NGS
SD	+ 0.83	NGS
NGS	+ 0.75	OIS
TBN	+ 0.72	OIS
FET	+ 0.7	TBN

High negative correlations

SD	- 0.63	GEOS
GEOS	- 0.5	NGS
TBN	- 0.26	GPRK
FET	- 0.23	GEOS
GEOS	- 0.18	SGU
GEOS	- 0.09	GPRK

Risk-Adjusted Indicators

There is a big difference between GasLog Preferred 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
SGU	0.86	0.10	0.01	0.85	1.09	(0.89)	1.90	(1.80)	6.34
OIS	2.23	0.47	0.16	0.45	2.60	(2.61)	5.84	(3.42)	20.50
OBE	2.09	0.23	0.06	1.24	2.31	(2.22)	4.11	(4.05)	12.36
EGY	1.92	0.41	0.17	1.60	1.65	(2.63)	4.84	(3.33)	8.83
GPRK	2.57	0.47	0.14	(2.07)	2.24	(3.16)	6.58	(4.04)	32.73
NGS	1.45	0.42	0.20	1.81	1.47	(1.74)	3.65	(1.94)	12.45
TBN	2.11	0.09	0.02	0.31	2.23	(2.38)	4.46	(3.26)	13.64
GEOS	4.62	0.16	0.03	0.20	6.85	(4.65)	9.49	(9.30)	37.54
FET	2.47	0.66	0.16	1.12	3.50	(2.77)	6.96	(3.01)	23.84
SD	1.75	0.50	0.20	(2.05)	1.72	(2.04)	4.49	(2.46)	10.99

Be your own money manager

Our tools can tell you how much better you can do entering a position in GasLog Partners without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Balance Of Power Now

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios

All Next

Launch Module

GasLog Partners Corporate Management

Joseph Nelson	Head Relations	Profile
Achilleas Tasioulas	Chief Officer	Profile
Konstantinos Karathanos	Chief Officer	Profile
Paolo Enoizi	CEO Director	Profile
Alexandros Laios	G Counsel	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC