(QMAR) FT Cboe Vest Growth-100 - Ratings and Ratios

The FT Cboe Vest Growth-100 Buffer ETF - March (QMAR) is designed to provide investors with exposure to the performance of the Invesco QQQ Trust, Series 1 (QQQ), while incorporating a buffer against losses. Under normal market conditions, the fund allocates substantially all of its assets to FLEX Options that reference the Underlying ETF. These FLEX Options are exchange-traded, customizable contracts that allow for tailored terms such as strike prices, styles, and expiration dates, offering flexibility in risk management. As a non-diversified fund, QMAR may concentrate its investments in a limited number of securities, which can increase volatility but also allows for targeted exposure to the Nasdaq-100 index through the QQQ ETF.

QMAR is listed on the BATS exchange and falls under the Defined Outcome ETF category, emphasizing its focus on delivering specific risk-return profiles. With an AUM of $450.37M, the fund has attracted significant investor interest, indicating its liquidity and appeal in the market. The funds structure is designed to balance growth potential with downside protection, making it a unique offering in the ETF space.

3-Month Forecast: Based on the provided data, heres a concise 3-month outlook for QMAR: - Price Movement: The funds price is expected to fluctuate between $29.20 and $31.80, influenced by the SMA20 and SMA50 levels. The relatively low ATR of 0.25 suggests moderate volatility, with potential price targets at $30.50 and $31.00. - Technical Indicators: The SMA20 and SMA50 are currently above the SMA200, indicating a bullish trend. This could support a positive outlook, with potential resistance at $31.00 and support at $29.50. - Volume and Liquidity: With an average volume of 22,483 shares over 20 days, QMAR offers moderate liquidity. The significant AUM of $450.37M underscores its stability and investor confidence, which may attract further inflows and support price stability. - Market Sentiment: The funds performance is closely tied to the Nasdaq-100 index. A strong earnings season or positive macroeconomic data could boost the index, benefiting QMAR. Conversely, any downturn in tech stocks could impact the fund negatively. Overall, QMAR is expected to maintain its current trajectory, with potential for modest growth, supported by its structured approach and the underlying strength of the QQQ ETF.