Manager Directed Portfolios Fund Market Value
| HRITX Fund | USD 12.15 0.13 1.08% |
| Symbol | Manager |
Manager Directed '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 Manager Directed's mutual fund 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 Manager Directed.
| 06/11/2023 |
| 12/02/2024 |
If you would invest 0.00 in Manager Directed on June 11, 2023 and sell it all today you would earn a total of 0.00 from holding Manager Directed Portfolios or generate 0.0% return on investment in Manager Directed over 540 days. Manager Directed is related to or competes with Adams Diversified, Fidelity Advisor, Evaluator Conservative, Prudential Core, Lord Abbett, Aqr Diversified, and Massmutual Select. The fund will invest primarily in common stocks and other equity securities of small-capitalization companies that are l... More
Manager Directed 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 Manager Directed's mutual fund 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 Manager Directed Portfolios upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.73 |
Manager Directed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manager Directed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manager Directed's standard deviation. In reality, there are many statistical measures that can use Manager Directed historical prices to predict the future Manager Directed's volatility.| Risk Adjusted Performance | 0.0831 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1186 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manager Directed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Manager Directed Por Backtested Returns
At this stage we consider Manager Mutual Fund to be very steady. Manager Directed Por has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Manager Directed, which you can use to evaluate the volatility of the fund. Please verify Manager Directed's Mean Deviation of 0.7794, risk adjusted performance of 0.0831, and Downside Deviation of 1.06 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. The fund secures a Beta (Market Risk) of 0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Manager Directed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manager Directed is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Manager Directed Portfolios has below average predictability. Overlapping area represents the amount of predictability between Manager Directed time series from 11th of June 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Manager Directed Por price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Manager Directed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Manager Directed Por lagged returns against current returns
Autocorrelation, which is Manager Directed mutual fund'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 Manager Directed's mutual fund expected returns. We can calculate the autocorrelation of Manager Directed returns to help us make a trade decision. For example, suppose you find that Manager Directed has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Manager Directed 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 Manager Directed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manager Directed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manager Directed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Manager Directed Lagged Returns
When evaluating Manager Directed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manager Directed mutual fund have on its future price. Manager Directed 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, Manager Directed autocorrelation shows the relationship between Manager Directed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Manager Directed Portfolios.
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 Manager Mutual Fund
Manager Directed financial ratios help investors to determine whether Manager Mutual Fund 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 Manager with respect to the benefits of owning Manager Directed security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |