Allstate Debt To Equity vs. Net Income
| ALL-PB Preferred Stock | USD 26.20 0.08 0.31% |
For Allstate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allstate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Allstate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allstate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Allstate over time as well as its relative position and ranking within its peers.
Allstate |
Allstate Net Income vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allstate's current stock value. Our valuation model uses many indicators to compare Allstate value to that of its competitors to determine the firm's financial worth. The Allstate is number one stock in debt to equity category among its peers. It also is number one stock in net income category among its peers making up about 54,573,379 of Net Income per Debt To Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Allstate by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allstate's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Allstate Net Income vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Allstate |
| = | 29.30 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Allstate |
| = | 1.6 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Allstate Net Income Comparison
Allstate is currently under evaluation in net income category among its peers.
Allstate Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allstate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allstate will eventually generate negative long term returns. The profitability progress is the general direction of Allstate's change in net profit over the period of time. It can combine multiple indicators of Allstate, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois. Allstate 5 is traded on New York Stock Exchange in USA.
Allstate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allstate. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Allstate position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Allstate's important profitability drivers and their relationship over time.
Use Allstate in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allstate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allstate will appreciate offsetting losses from the drop in the long position's value.Allstate Pair Trading
The Allstate Pair Trading Analysis
The ability to find closely correlated positions to Allstate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allstate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allstate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Allstate to buy it.
The correlation of Allstate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allstate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allstate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Allstate position
In addition to having Allstate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Allstate Preferred Stock
To fully project Allstate's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allstate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Allstate's income statement, its balance sheet, and the statement of cash flows.