Manager Directed Mutual Fund Forecast - Triple Exponential Smoothing

HRIOX Fund  USD 18.22  0.14  0.77%   
The Triple Exponential Smoothing forecasted value of Manager Directed Portfolios on the next trading day is expected to be 18.35 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.13. Manager Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Manager Directed's share price is above 70 at this time. This usually indicates that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Manager, making its price go up or down.

Momentum 71

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Manager Directed's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Manager Directed Portfolios, which may create opportunities for some arbitrage if properly timed.
Using Manager Directed hype-based prediction, you can estimate the value of Manager Directed Portfolios from the perspective of Manager Directed response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Manager Directed Portfolios on the next trading day is expected to be 18.35 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.13.

Manager Directed after-hype prediction price

    
  USD 18.22  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Manager Directed to cross-verify your projections.

Manager Directed Additional Predictive Modules

Most predictive techniques to examine Manager price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Manager using various technical indicators. When you analyze Manager charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Manager Directed - 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 Manager Directed 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 Manager Directed price movement. However, neither of these exponential smoothing models address any seasonality of Manager Directed Por.

Manager Directed Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Manager Directed Portfolios on the next trading day is expected to be 18.35 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.13.
Please note that although there have been many attempts to predict Manager Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Manager Directed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Manager Directed Mutual Fund Forecast Pattern

Backtest Manager DirectedManager Directed Price PredictionBuy or Sell Advice 

Manager Directed Forecasted Value

In the context of forecasting Manager Directed's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Manager Directed's downside and upside margins for the forecasting period are 16.89 and 19.81, respectively. We have considered Manager Directed's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
18.22
18.35
Expected Value
19.81
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 Manager Directed mutual fund data series using in forecasting. Note that when a statistical model is used to represent Manager Directed mutual fund, 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 0.0144
MADMean absolute deviation0.1855
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors11.1286
As with simple exponential smoothing, in triple exponential smoothing models past Manager Directed 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 Manager Directed Portfolios observations.

Predictive Modules for Manager Directed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manager Directed Por. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
16.7618.2219.68
Details
Intrinsic
Valuation
LowRealHigh
17.7619.2220.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.9416.7318.52
Details

Manager Directed After-Hype Price Prediction Density Analysis

As far as predicting the price of Manager Directed at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Manager Directed or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Manager Directed, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Manager Directed Estimiated After-Hype Price Volatility

In the context of predicting Manager Directed's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Manager Directed's historical news coverage. Manager Directed's after-hype downside and upside margins for the prediction period are 16.76 and 19.68, respectively. We have considered Manager Directed's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
18.22
18.22
After-hype Price
19.68
Upside
Manager Directed is very steady at this time. Analysis and calculation of next after-hype price of Manager Directed Por is based on 3 months time horizon.

Manager Directed Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Manager Directed is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manager Directed backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Manager Directed, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.30 
1.46
 0.00  
  0.21 
0 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.22
18.22
0.00 
0.00  
Notes

Manager Directed Hype Timeline

Manager Directed Por is currently traded for 18.22. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.21. Manager is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.3%. %. The volatility of related hype on Manager Directed is about 206.46%, with the expected price after the next announcement by competition of 18.43. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in a few days.
Check out Historical Fundamental Analysis of Manager Directed to cross-verify your projections.

Manager Directed Related Hype Analysis

Having access to credible news sources related to Manager Directed's direct competition is more important than ever and may enhance your ability to predict Manager Directed's future price movements. Getting to know how Manager Directed's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Manager Directed may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Manager Directed

For every potential investor in Manager, whether a beginner or expert, Manager Directed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Manager Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Manager. Basic forecasting techniques help filter out the noise by identifying Manager Directed's price trends.

Manager Directed Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Manager Directed mutual fund to make a market-neutral strategy. Peer analysis of Manager Directed could also be used in its relative valuation, which is a method of valuing Manager Directed by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Manager Directed Market Strength Events

Market strength indicators help investors to evaluate how Manager Directed mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manager Directed shares will generate the highest return on investment. By undertsting and applying Manager Directed mutual fund market strength indicators, traders can identify Manager Directed Portfolios entry and exit signals to maximize returns.

Manager Directed Risk Indicators

The analysis of Manager Directed's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Manager Directed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manager mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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 Manager Directed

The number of cover stories for Manager Directed depends on current market conditions and Manager Directed's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Manager Directed is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Manager Directed's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

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.
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