(FMAR) FT Cboe Vest U.S. Equity - Ratings and Ratios

The FT Cboe Vest U.S. Equity Buffer ETF - March (FMAR) is an exchange-traded fund that employs a unique investment strategy to manage risk. Under normal market conditions, it invests substantially all of its assets in customized FLEX Options that track the performance of the SPDR S&P 500 ETF Trust. These FLEX Options offer the flexibility to tailor key contract terms, such as exercise prices, styles, and expiration dates, allowing the fund to achieve its defined outcome objective.

As a non-diversified ETF, FMARs investment approach is focused on mitigating potential losses while still capturing upside gains. By utilizing FLEX Options, the fund can provide a buffer against market downturns, making it an attractive option for investors seeking to manage risk. The funds underlying asset is the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index, a widely followed benchmark of the US stock market.

Analyzing the funds technical data, we can observe that the current price is $43.90, with a 20-day simple moving average (SMA) of $43.76, indicating a slight bullish trend. The 50-day SMA and 200-day SMA are $42.70 and $42.83, respectively, suggesting a longer-term uptrend. The average true range (ATR) is $0.26, or 0.60%, indicating relatively low volatility. Given these technical indicators, we can forecast that FMAR is likely to continue its upward trend, potentially reaching the 52-week high of $44.46 in the near term.

From a fundamental perspective, FMARs assets under management (AUM) stand at $873.62 million, indicating a significant investor base. Considering the current market conditions and the funds investment strategy, we can forecast that FMARs AUM is likely to grow as more investors seek to capitalize on the funds risk management capabilities. With the S&P 500 Index expected to continue its long-term growth trend, FMAR is well-positioned to benefit from its exposure to the underlying asset, potentially leading to further AUM growth and a higher share price.

Combining both technical and fundamental analysis, our forecast suggests that FMAR is poised for continued growth, driven by its unique investment strategy and favorable market conditions. As the fund continues to attract investors seeking to manage risk, its AUM is likely to increase, potentially driving the share price higher. We expect FMAR to reach $45.50 in the next 6-12 months, representing a 3.4% upside from the current price.