Manager Directed Portfolios Etf Market Value
| TOAK Etf | USD 27.14 0.01 0.04% |
| Symbol | Manager |
The market value of Manager Directed Por is measured differently than its book value, which is the value of Manager that is recorded on the company's balance sheet. Investors also form their own opinion of Manager Directed's value that differs from its market value or its book value, called intrinsic value, which is Manager Directed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manager Directed's market value can be influenced by many factors that don't directly affect Manager Directed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manager Directed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manager Directed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manager Directed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 etf 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.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Manager Directed on December 22, 2022 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 720 days. Manager Directed is related to or competes with Alpha Architect, Alpha Architect, Alpha Architect, Alpha Architect, and Cambria Global. As of August 2, 2011, Treaty Oak Bancorp, Inc 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 etf 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 | 0.0726 | |||
| Information Ratio | (2.66) | |||
| Maximum Drawdown | 0.2219 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.0743 |
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 | 0.1008 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (1.51) | |||
| Treynor Ratio | 3.68 |
Manager Directed Por Backtested Returns
As of now, Manager Etf is very steady. Manager Directed Por has Sharpe Ratio of 0.37, which conveys that the entity had a 0.37% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Manager Directed, which you can use to evaluate the volatility of the etf. Please verify Manager Directed's Risk Adjusted Performance of 0.1008, coefficient of variation of 270.64, and Mean Deviation of 0.0306 to check out if the risk estimate we provide is consistent with the expected return of 0.0153%. The etf secures a Beta (Market Risk) of 0.0014, which conveys not very significant fluctuations relative to the market. 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 | 0.00 |
No correlation between past and present
Manager Directed Portfolios has no correlation between past and present. Overlapping area represents the amount of predictability between Manager Directed time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 0.0 indicates that just 0.0% of current Manager Directed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Manager Directed Por lagged returns against current returns
Autocorrelation, which is Manager Directed etf'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 etf 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 etf 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manager Directed etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manager Directed etf 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 etf 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 etf 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 |
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Manager Directed technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.