Allstate Stock Forecast - Coefficient Of Variation
| ALL Stock | USD 207.39 0.11 0.05% |
Allstate Stock Forecast is based on your current time horizon. Although Allstate's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Allstate's systematic risk associated with finding meaningful patterns of Allstate fundamentals over time.
Allstate |
Open Interest Against 2024-12-20 Allstate Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Allstate's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Allstate's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Allstate stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Allstate's open interest, investors have to compare it to Allstate's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Allstate is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Allstate. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Allstate Volatility | Backtest Allstate | Trend Details |
Allstate Trading Date Momentum
| On December 02 2024 The Allstate was traded for 207.39 at the closing time. Highest Allstate's price during the trading hours was 208.72 and the lowest price during the day was 207.03 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of December did not result in any price rise and fall. The trading price change to current price is 0.24% . |
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Other Forecasting Options for Allstate
For every potential investor in Allstate, whether a beginner or expert, Allstate's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Allstate Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Allstate. Basic forecasting techniques help filter out the noise by identifying Allstate's price trends.Allstate Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Allstate stock to make a market-neutral strategy. Peer analysis of Allstate could also be used in its relative valuation, which is a method of valuing Allstate by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Allstate Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Allstate's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Allstate's current price.| Cycle Indicators | ||
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Allstate Market Strength Events
Market strength indicators help investors to 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 undertsting and applying Allstate stock market strength indicators, traders can identify The Allstate entry and exit signals to maximize returns.
Allstate Risk Indicators
The analysis of Allstate's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Allstate's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting allstate stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9336 | |||
| Semi Deviation | 1.17 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Downside Variance | 2.13 | |||
| Semi Variance | 1.37 | |||
| Expected Short fall | (0.96) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Allstate to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.