The Allstate Stock Analysis

Allstate Stock Analysis Notes

About 79.0% of the company shares are held by institutions such as insurance companies. The book value of Allstate was presently reported as 60.19. The company recorded a loss per share of 1.18. Allstate last dividend was issued on the 1st of March 2024. The entity had 2:1 split on the 2nd of July 1998. The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Allstate Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 54300 people. For more info on The Allstate please contact Don Civgin at 847 402 5000 or go to https://www.allstate.com.

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Allstate Thematic Classifications

Allstate Stock Institutional Investors

Note, although Allstate's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allstate Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 43.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allstate's market, we take the total number of its shares issued and multiply it by Allstate's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Allstate Profitablity

Management Efficiency

Return On Tangible Assets is expected to rise to -0.0018 this year. Return On Capital Employed is expected to rise to -0.0033 this year. At this time, Allstate's Debt To Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 69.79 this year, although the value of Non Currrent Assets Other will most likely fall to (69.1 B). Allstate's management efficiency ratios could be used to measure how well Allstate manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 17th of April 2024, Allstate shows the Mean Deviation of 0.7985, risk adjusted performance of 0.094, and Semi Deviation of 0.9095. Allstate technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for The Allstate, which can be compared to its peers. Please confirm Allstate jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Allstate is priced correctly, providing market reflects its regular price of 164.21 per share. Given that Allstate has jensen alpha of 0.1337, we suggest you to validate The Allstate's prevailing market performance to make sure the company can sustain itself at a future point.

Allstate Price Movement Analysis

Allstate Outstanding Bonds

Allstate Predictive Daily Indicators

Allstate Corporate Filings

Allstate Forecast Models

Allstate's time-series forecasting models are one of many Allstate's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allstate's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Allstate prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allstate shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Allstate. By using and applying Allstate Stock analysis, traders can create a robust methodology for identifying Allstate entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Allstate analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Allstate analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

The Allstate stock analysis indicators help investors evaluate how Allstate stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Allstate shares will generate the highest return on investment. By understating and applying Allstate stock analysis, traders can identify Allstate position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.

Is Allstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.