GasLog Partners Preferred Stock Forward View - Triple Exponential Smoothing

GLOP-PC Preferred Stock  USD 25.32  -0.27  -1.06%   
The Triple Exponential Smoothing forecast reference data for GasLog Partners LP is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Triple Exponential Smoothing forecasted value of GasLog Partners LP on the next trading day is expected to be 25.26 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.13.As with simple exponential smoothing, in triple exponential smoothing models past GasLog Partners observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older GasLog Partners LP observations. All Triple Exponential Smoothing forecast figures shown for GasLog Partners LP are reference data reflecting model output based on available historical prices.
Triple exponential smoothing for GasLog Partners - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When GasLog Partners prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in GasLog Partners price movement. However, neither of these exponential smoothing models address any seasonality of GasLog Partners LP.

Triple Exponential Smoothing Price Forecast For the 23rd of March

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of GasLog Partners LP on the next trading day is expected to be 25.26 with a mean absolute deviation of 0.22 , mean absolute percentage error of 0.10 , and the sum of the absolute errors of 13.13 .
Please note that although there have been many attempts to predict GasLog Preferred Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that GasLog Partners' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Preferred Stock Forecast Pattern

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Forecasted Value

For the next trading day, Macroaxis evaluates GasLog Partners' predictive range by looking for statistically meaningful downside and upside boundaries. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Market Value
25.32
25.26
Expected Value
26.32
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of GasLog Partners preferred stock data series using in forecasting. Note that when a statistical model is used to represent GasLog Partners preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.0509
MADMean absolute deviation0.2225
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors13.1255
As with simple exponential smoothing, in triple exponential smoothing models past GasLog Partners observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older GasLog Partners LP observations.

Other Forecasting Options for GasLog Partners

Whether a novice or experienced investor, anyone considering GasLog needs to understand the dynamics of GasLog Partners' price movement. Price charts for GasLog Preferred Stock contain a significant amount of noise that can distort investment decisions.

GasLog Partners Related Equities

The following equities are related to GasLog Partners within the Oil & Gas Midstream space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing GasLog Partners against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
 Risk & Return  Correlation

GasLog Partners Market Strength Events

Analyzing market strength indicators for GasLog Partners enables investors to understand how the preferred stock performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in GasLog Partners LP.

GasLog Partners Risk Indicators

Identifying and analyzing GasLog Partners' key risk indicators is a foundational step in projecting how its price may evolve. This process quantifies the risk associated with GasLog Partners' and decide how to manage it.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for GasLog Partners

A coverage review of GasLog Partners LP shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.

Other Macroaxis Stories

Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.

GasLog Partners Short Properties

A short-interest review of GasLog Partners LP provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
Common Stock Shares Outstanding41.8 M
Cash And Short Term Investments223.1 M

More Resources for GasLog Preferred Stock Analysis

Other Information on Investing in GasLog Preferred Stock

The ratio set for GasLog Partners connects key financial figures across reports. This helps frame how profit and cash flow relate to overall value. The structure supports consistent evaluation across periods. All data is sourced from the latest available reporting cycle and presented for reference.