(BSJR) Invesco BulletShares 2027 - Ratings and Ratios

The Invesco BulletShares 2027 High Yield Corporate Bond ETF is a targeted maturity ETF that focuses on U.S. dollar-denominated high yield corporate bonds, commonly referred to as junk bonds, with maturities in 2027. This investment vehicle is designed to track the performance of a specific index comprising these high-yield bonds, providing investors with exposure to a particular segment of the corporate bond market.

Given its investment objective, the fund is likely to be sensitive to changes in interest rates and credit spreads, as high yield corporate bonds are more susceptible to these market factors. The funds holdings are expected to be diversified across various issuers and industries, although the specific composition may vary. Investors should be aware that the high yield corporate bond market can be volatile, and the funds performance may be influenced by the overall credit quality of the underlying bonds.

Analyzing the , we observe that the ETFs price is currently near its 52-week high, indicating a strong performance over the past year. The short-term and long-term moving averages (SMA20, SMA50, and SMA200) suggest a stable upward trend. The Average True Range (ATR) is relatively low, indicating that the ETFs price movements have been stable. Using this information, we can forecast that the ETF may continue to experience a stable price movement in the short term, potentially trading within a narrow range around its current price.

Combining the and , we can infer that the ETFs Assets Under Management (AUM) of $454.14M USD indicate a moderate level of investor interest. Considering the funds investment objective and the current market environment, we forecast that the ETF may attract more investors seeking high yield exposure with a specific maturity date. As interest rates and credit spreads evolve, the funds performance is likely to be influenced. Based on the current trend and assuming a stable credit environment, we predict that the ETFs price may reach $23.00 by the end of 2024, representing a potential upside of approximately 2.5% from its current price.