Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Allstate Corporation is 'Strong Hold'. Macroaxis provides Allstate buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Allstate positions. The advice algorithm takes into account all of Allstate available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Allstate buy-and-hold prospective. Check also Allstate Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Allstate Corporation has a risk adjusted performance of 0.0291, jensen alpha of 0.0479, total risk alpha of 0.0715, sortino ratio of 0.0372 and treynor ratio of 0.045Macroaxis provides buy, hold, or sell suggestion on Allstate to complement and cross-verify current analyst consensus on Allstate Corporation. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Allstate is not overpriced, please confirm all Allstate fundamentals including its Number of Shares Shorted, Cash and Equivalents, Earnings Per Share, as well as the relationship between Revenue and Current Ratio . Given that Allstate has Number of Shares Shorted of 4.85M, we suggest you validate Allstate Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Allstate Trading Alerts and Improvement Suggestions
The company has 7.19B in debt with debt to equity (D/E) ratio of 29.3 . This implies that the company may be unable to create cash to meet all of its financial commitments. Allstate has Current Ratio of 0.46 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 81.0% of Allstate shares are held by institutions such as insurance companies
Allstate Corporation has relatively low volatility with skewness of 0.75 and kurtosis of 3.07. However, we advise all investors to independently investigate Allstate Corporation to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.