Correlation Between Interactive Strength and GasLog Partners

Can any of the company-specific risk be diversified away by investing in both Interactive Strength and GasLog Partners at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Interactive Strength and GasLog Partners into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Interactive Strength Common and GasLog Partners LP, you can compare the effects of market volatilities on Interactive Strength and GasLog Partners and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Interactive Strength with a short position of GasLog Partners. Check out your portfolio center. Please also check ongoing floating volatility patterns of Interactive Strength and GasLog Partners.

Diversification Opportunities for Interactive Strength and GasLog Partners

-0.6

Correlation Coefficient

Interactive Strength  GasLog Partners

Excellent diversification

The 3 months correlation between Interactive and GasLog is -0.6. Overlapping area represents the amount of risk that can be diversified away by holding Interactive Strength Common and GasLog Partners LP in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on GasLog Partners LP and Interactive Strength is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Interactive Strength Common are associated (or correlated) with GasLog Partners. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of GasLog Partners LP has no effect on the direction of Interactive Strength i.e., Interactive Strength and GasLog Partners go up and down completely randomly.

Pair Corralation between Interactive Strength and GasLog Partners

Given the investment horizon of 90 days Interactive Strength Common is expected to under-perform the GasLog Partners. In addition to that, Interactive Strength is 6.32 times more volatile than GasLog Partners LP. It trades about -0.14 of its total potential returns per unit of risk. GasLog Partners LP is currently generating about 0.03 per unit of volatility. If you would invest  2,549  in GasLog Partners LP on July 7, 2025 and sell it today you would earn a total of  41.00  from holding GasLog Partners LP or generate 1.61% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Weak
Accuracy	100.0%
Values	Daily Returns

Interactive Strength Common  vs.  GasLog Partners LP

Interactive Strength

Risk-Adjusted Performance

Weakest

Over the last 90 days Interactive Strength Common has generated negative risk-adjusted returns adding no value to investors with long positions. Even with inconsistent performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in November 2025. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors.

GasLog Partners LP

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in GasLog Partners LP are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, GasLog Partners is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.

Pair Trading with Interactive Strength and GasLog Partners

The main advantage of trading using opposite Interactive Strength and GasLog Partners positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Interactive Strength position performs unexpectedly, GasLog Partners 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 offset losses from the drop in GasLog Partners' long position.

The idea behind Interactive Strength Common and GasLog Partners LP pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.