The Allstate Stock Odds of Future Stock Price Finishing Over 209.38
| ALL Stock | USD 193.30 1.76 0.90% |
Closest to current price Allstate long CALL Option Payoff at Expiration
Allstate |
Allstate Target Price Odds to finish over 209.38
The tendency of Allstate Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 209.38 or more in 90 days |
| 193.30 | 90 days | 209.38 | near 1 |
Based on a normal probability distribution, the odds of Allstate to move over $ 209.38 or more in 90 days from now is near 1 (This The Allstate probability density function shows the probability of Allstate Stock to fall within a particular range of prices over 90 days) . Probability of Allstate price to stay between its current price of $ 193.30 and $ 209.38 at the end of the 90-day period is about 43.69 .
Considering the 90-day investment horizon Allstate has a beta of 0.97. This suggests The Allstate market returns are very sensitive to returns on the market. As the market goes up or down, Allstate is expected to follow. Additionally The Allstate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Allstate Price Density |
| Price |
Predictive Modules for Allstate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allstate. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Allstate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allstate is not an exception. The market had few large corrections towards the Allstate's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Allstate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allstate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 6.94 | |
Ir | Information ratio | -0.03 |
Allstate Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Allstate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allstate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The Allstate has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Allstate to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.09 B. Reported Net Loss for the year was (213 M) with profit before taxes, overhead, and interest of 6.44 B. | |
| Allstate has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Allstate shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Allstate Stock Sees Sharp Decline Amid Market Volatility |
Allstate Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Allstate Stock often depends not only on the future outlook of the current and potential Allstate's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Allstate's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 262.5 M | |
| Cash And Short Term Investments | 722 M |
Allstate Technical Analysis
Allstate's future price can be derived by breaking down and analyzing its technical indicators over time. Allstate Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Allstate. In general, you should focus on analyzing Allstate Stock price patterns and their correlations with different microeconomic environments and drivers.
Allstate Predictive Forecast Models
Allstate's time-series forecasting models is one of many Allstate's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This 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 stock market movement and maximize returns from investment trading.
Things to note about Allstate
Checking the ongoing alerts about Allstate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allstate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The Allstate has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Allstate to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.09 B. Reported Net Loss for the year was (213 M) with profit before taxes, overhead, and interest of 6.44 B. | |
| Allstate has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Allstate shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Allstate Stock Sees Sharp Decline Amid Market Volatility |
Check out Allstate Backtesting, Allstate Valuation, Allstate Correlation, Allstate Hype Analysis, Allstate Volatility, Allstate History as well as Allstate Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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. 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.
Quarterly Earnings Growth (0.68) | Dividend Share 3.65 | Earnings Share 15.47 | Revenue Per Share 236.821 | Quarterly Revenue Growth 0.147 |
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.