ALLSTATE (Germany) Technical Analysis

ALS Stock  EUR 159.35  0.55  0.34%   
As of the 14th of May 2024, ALLSTATE shows the Risk Adjusted Performance of 0.0778, mean deviation of 1.0, and Semi Deviation of 0.9255. 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 are able to interpolate and collect nineteen technical drivers for ALLSTATE, which can be compared to its peers. Please confirm ALLSTATE variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if ALLSTATE is priced favorably, providing market reflects its regular price of 159.35 per share.

ALLSTATE Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALLSTATE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALLSTATE
  
ALLSTATE's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
ALLSTATE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ALLSTATE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ALLSTATE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ALLSTATE Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ALLSTATE volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ALLSTATE Trend Analysis

Use this graph to draw trend lines for ALLSTATE. You can use it to identify possible trend reversals for ALLSTATE as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ALLSTATE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ALLSTATE Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ALLSTATE applied against its price change over selected period. The best fit line has a slop of   0.29  , which means ALLSTATE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3268.62, which is the sum of squared deviations for the predicted ALLSTATE price change compared to its average price change.

About ALLSTATE Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ALLSTATE on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ALLSTATE based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ALLSTATE price pattern first instead of the macroeconomic environment surrounding ALLSTATE. By analyzing ALLSTATE's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ALLSTATE's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ALLSTATE specific price patterns or momentum indicators. Please read more on our technical analysis page.

ALLSTATE May 14, 2024 Technical Indicators

Most technical analysis of ALLSTATE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ALLSTATE from various momentum indicators to cycle indicators. When you analyze ALLSTATE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

ALLSTATE May 14, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ALLSTATE stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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 board of governors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for ALLSTATE Stock analysis

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.
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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.