Mr Smith spent a while doing it 'properly' last year, maybe the year before, with a chest strap. I mirrored his for a couple of months and found it this: utter fiction.
I find 'how are you feeling' a more useful measure. I've turned it off/not activated/ignored it. It's not really rocket science, if you do a lot (for you) you're going to be tired. If you've had a beery session, you're going to sleep badly.
Sometimes (often) I think this data we throw at ourselves is just tripe and that there's a lot to be said for RPE and an early night.