(NUSI) NEOS Trust - Ratings and Ratios

The NEOS ETF Trust (NYSE ARCA:NUSI) is an actively-managed exchange-traded fund that employs a unique investment strategy to achieve its objective. By combining a portfolio of stocks from the Nasdaq-100 Index with a put spread options collar on the same index, the fund aims to balance potential upside with downside protection.

The funds investment approach is centered around maintaining at least 80% of its net assets, plus any borrowings for investment purposes, in securities or derivative instruments linked to the Nasdaq-100 Index. This indicates a strong correlation with the performance of the index, while the put spread options collar is likely used to mitigate potential losses. As a non-diversified fund, NUSI may exhibit higher volatility compared to its diversified counterparts.

Analyzing the available data, we can infer that NUSI has demonstrated significant growth, with its Assets Under Management (AUM) standing at $298.17 million. This suggests a level of investor confidence in the funds strategy.

From a technical standpoint, NUSIs recent price action indicates a bullish trend, with the last price of $49.86 exceeding both its 20-day Simple Moving Average (SMA20) of $48.41 and its 50-day Simple Moving Average (SMA50) of $48.96. The stock is also significantly above its 200-day Simple Moving Average (SMA200) of $32.03, further reinforcing the bullish sentiment. The Average True Range (ATR) of 1.12, representing a 2.25% daily volatility, suggests moderate price fluctuations.

Given the current technical and fundamental data, a forecast for NUSI can be constructed. With the Nasdaq-100 Index continuing to be a dominant force in the tech-heavy equity market, NUSIs correlation to this index is likely to drive its performance. Assuming the index maintains its current momentum and the funds put spread options collar effectively manages downside risk, NUSI may continue its upward trajectory. A potential target could be the 52-week high of $53.72, representing a 7.7% increase from the current price. However, its crucial to monitor the funds AUM, trading volumes, and overall market conditions to adjust this forecast accordingly.