Allstate (Germany) Odds of Future Stock Price Finishing Under 153.72

ALS Stock  EUR 191.85  0.05  0.03%   
Allstate's future price is the expected price of Allstate instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of The Allstate performance during a given time horizon utilizing its historical volatility. Check out Allstate Backtesting, Allstate Valuation, Allstate Correlation, Allstate Hype Analysis, Allstate Volatility, Allstate History as well as Allstate Performance.
  
Please specify Allstate's target price for which you would like Allstate odds to be computed.

Allstate Target Price Odds to finish below 153.72

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 PriceHorizonTarget PriceOdds to drop to € 153.72  or more in 90 days
 191.85 90 days 153.72 
near 1
Based on a normal probability distribution, the odds of Allstate to drop to € 153.72  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 € 153.72  and its current price of €191.85 at the end of the 90-day period is about 92.67 .
Assuming the 90 days horizon Allstate has a beta of 0.44. This suggests as returns on the market go up, Allstate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Allstate will be expected to be much smaller as well. Additionally The Allstate has an alpha of 0.1679, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   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.
Hype
Prediction
LowEstimatedHigh
190.28191.85193.42
Details
Intrinsic
Valuation
LowRealHigh
172.67195.04196.61
Details
Naive
Forecast
LowNextHigh
183.74185.31186.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
175.91188.57201.24
Details

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
0.17
β
Beta against Dow Jones0.44
σ
Overall volatility
9.86
Ir
Information ratio 0.07

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 accumulated 7.96 B in total debt with debt to equity ratio (D/E) of 27.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Allstate has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Allstate until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 51.41 B. Net Loss for the year was (1.31 B) with profit before overhead, payroll, taxes, and interest of 6.44 B.
Over 80.0% of Allstate shares are held by institutions such as insurance companies

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 Outstanding263 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 accumulated 7.96 B in total debt with debt to equity ratio (D/E) of 27.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Allstate has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Allstate until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 51.41 B. Net Loss for the year was (1.31 B) with profit before overhead, payroll, taxes, and interest of 6.44 B.
Over 80.0% of Allstate shares are held by institutions such as insurance companies

Additional Information and Resources on Investing in Allstate Stock

When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.