Allstate Competitors
| ALL Stock | USD 215.19 8.07 3.90% |
Allstate vs W R Correlation
Very weak diversification
The correlation between The Allstate and WRB is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Allstate and WRB in the same portfolio, assuming nothing else is changed.
Moving together with Allstate Stock
Moving against Allstate Stock
| 0.59 | BFDE | Bedford Energy | PairCorr |
| 0.43 | COHG | Cheetah Oil Gas | PairCorr |
| 0.37 | SBRE | Sabre Insurance Group | PairCorr |
Allstate Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Allstate and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Allstate and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Allstate does not affect the price movement of the other competitor.
| 0.21 | 0.62 | 0.42 | 0.08 | 0.39 | 0.44 | AFL | ||
| 0.21 | 0.5 | 0.81 | 0.5 | 0.6 | -0.38 | CB | ||
| 0.62 | 0.5 | 0.79 | 0.55 | 0.69 | 0.29 | CINF | ||
| 0.42 | 0.81 | 0.79 | 0.66 | 0.85 | 0.04 | HIG | ||
| 0.08 | 0.5 | 0.55 | 0.66 | 0.69 | 0.07 | PGR | ||
| 0.39 | 0.6 | 0.69 | 0.85 | 0.69 | 0.31 | TRV | ||
| 0.44 | -0.38 | 0.29 | 0.04 | 0.07 | 0.31 | WRB | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Allstate Stock performing well and Allstate Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Allstate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AFL | 0.80 | 0.14 | 0.13 | 0.93 | 0.63 | 2.06 | 4.04 | |||
| CB | 0.78 | 0.26 | 0.25 | (3.77) | 0.51 | 2.08 | 5.16 | |||
| CINF | 0.82 | 0.15 | 0.13 | 0.61 | 0.73 | 1.71 | 4.67 | |||
| HIG | 0.83 | 0.20 | 0.18 | 0.67 | 0.69 | 2.03 | 6.38 | |||
| PGR | 1.04 | 0.10 | 0.05 | 0.50 | 1.36 | 2.24 | 8.94 | |||
| TRV | 0.76 | 0.13 | 0.11 | 1.22 | 0.75 | 1.85 | 6.91 | |||
| WRB | 0.98 | (0.01) | (0.02) | (0.02) | 1.83 | 2.10 | 9.24 |
Cross Equities Net Income Analysis
Compare Allstate and related stocks such as Aflac Incorporated, Chubb, and Cincinnati Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AFL | 54.2 M | 2 B | 2.9 B | 3.2 B | 3 B | 2.5 B | 2.7 B | 4.4 B | 2.9 B | 3.3 B | 4.8 B | 4.3 B | 4.4 B | 4.7 B | 5.4 B | 6.3 B | 6.6 B |
| CB | 560.2 M | 1.2 B | 2.7 B | 3.8 B | 2.9 B | 2.8 B | 4.1 B | 3.9 B | 4 B | 4.5 B | 3.5 B | 8.5 B | 5.2 B | 9 B | 9.3 B | 10.3 B | 10.8 B |
| CINF | 52.5 M | 164 M | 421 M | 517 M | 525 M | 634 M | 591 M | 1 B | 287 M | 2 B | 1.2 B | 3 B | (487 M) | 1.8 B | 2.3 B | 2.6 B | 2.8 B |
| HIG | 562 M | 712 M | (38 M) | 176 M | 798 M | 1.7 B | 896 M | (3.1 B) | 1.8 B | 2.1 B | 1.7 B | 2.4 B | 1.8 B | 2.5 B | 3.1 B | 3.8 B | 4 B |
| PGR | 25.5 M | 1 B | 902.3 M | 1.2 B | 1.3 B | 1.3 B | 1 B | 1.6 B | 2.6 B | 4 B | 5.7 B | 3.4 B | 722 M | 3.9 B | 8.5 B | 10.2 B | 10.7 B |
| TRV | 45.4 M | 1.4 B | 2.5 B | 3.7 B | 3.7 B | 3.4 B | 3 B | 2.1 B | 2.5 B | 2.6 B | 2.7 B | 3.7 B | 2.8 B | 3 B | 5 B | 6.3 B | 6.6 B |
| WRB | 6.9 M | 391.2 M | 510.6 M | 499.9 M | 648.9 M | 503.7 M | 601.9 M | 549.1 M | 640.7 M | 681.9 M | 530.7 M | 1 B | 1.4 B | 1.4 B | 1.8 B | 1.8 B | 1.9 B |
Allstate and related stocks such as Aflac Incorporated, Chubb, and Cincinnati Financial Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Allstate financial statement analysis. It represents the amount of money remaining after all of The Allstate operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Allstate Competitive Analysis
The better you understand Allstate competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Allstate's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Allstate's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Allstate Competition Performance Charts
Five steps to successful analysis of Allstate Competition
Allstate's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Allstate in relation to its competition. Allstate's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Allstate in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Allstate's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Allstate, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Allstate Correlation with its peers. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Property & Casualty Insurance space 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. Comprehensive Allstate assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 2.222 | Earnings Share 39.55 | Revenue Per Share | Quarterly Revenue Growth 0.038 | Return On Assets |
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.
Understanding that Allstate's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Allstate represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Allstate's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.