(BUFF) Innovator Laddered - Ratings and Ratios

The Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) is a defined outcome ETF that employs a unique investment strategy by investing at least 80% of its net assets in a basket of twelve Innovator U.S. Equity Power Buffer ETFs. This fund is designed to provide a diversified exposure to a range of underlying ETFs, which are rebalanced semi-annually to maintain equal weighting.

The underlying ETFs are part of the Innovator U.S. Equity Power Buffer series, which are designed to provide buffered exposure to the S&P 500 Index, with a cap on potential gains and a level of protection against losses. By investing in a laddered allocation of these ETFs, BUFF aims to create a diversified portfolio that can potentially benefit from the upside of the S&P 500 while mitigating downside risk.

From a technical analysis perspective, the current price of 46.77 is above its 20-day SMA of 46.08, indicating a short-term bullish trend. The 50-day SMA of 45.07 and 200-day SMA of 44.78 are also trending upwards, suggesting a longer-term positive outlook. The ATR of 0.30 represents a relatively low volatility, which may be expected given the buffered nature of the underlying ETFs.

Considering the fundamental data, the AUM of 636.62M USD indicates a reasonable level of investor interest in the fund. As the fund is rebalanced semi-annually, the next rebalancing event may potentially lead to changes in the underlying ETF allocations, which could impact the funds performance.

Forecasting the future performance of BUFF, we can expect the fund to continue its upward trend, driven by the overall positive outlook of the S&P 500 Index. However, the buffered nature of the underlying ETFs may cap the upside potential. Based on the technical data, a potential target price could be around 48.50, representing a 3.7% increase from the current price. Conversely, a decline below the 52-week low of 41.30 is unlikely, given the buffered protection. Therefore, a reasonable forecast for BUFF is to trade within a range of 45.00 to 48.50 over the next few months.