The Allstate Stock Market Value

ALL Stock  USD 197.22  4.92  2.56%   
Allstate's market value is the price at which a share of Allstate trades on a public exchange. It measures the collective expectations of The Allstate investors about its performance. Allstate is selling for 197.22 as of the 13th of December 2024. This is a 2.56% increase since the beginning of the trading day. The stock's lowest day price was 192.3.
With this module, you can estimate the performance of a buy and hold strategy of The Allstate and determine expected loss or profit from investing in Allstate over a given investment horizon. Check out Allstate Correlation, Allstate Volatility and Allstate Alpha and Beta module to complement your research on Allstate.
Symbol

Allstate Price To Book Ratio

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
15.38
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.

Allstate 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Allstate's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Allstate.
0.00
12/19/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/13/2024
0.00
If you would invest  0.00  in Allstate on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding The Allstate or generate 0.0% return on investment in Allstate over 360 days. Allstate is related to or competes with W R, Markel, RLI Corp, CNA Financial, White Mountains, and W R. The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products i... More

Allstate Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Allstate's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Allstate upside and downside potential and time the market with a certain degree of confidence.

Allstate Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allstate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allstate's standard deviation. In reality, there are many statistical measures that can use Allstate historical prices to predict the future Allstate's volatility.
Hype
Prediction
LowEstimatedHigh
195.92197.27198.62
Details
Intrinsic
Valuation
LowRealHigh
162.28163.63216.94
Details
Naive
Forecast
LowNextHigh
182.68184.03185.38
Details
19 Analysts
Consensus
LowTargetHigh
119.82131.67146.15
Details

Allstate Backtested Returns

As of now, Allstate Stock is very steady. Allstate secures Sharpe Ratio (or Efficiency) of 0.0225, which signifies that the company had a 0.0225% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for The Allstate, which you can use to evaluate the volatility of the firm. Please confirm Allstate's Risk Adjusted Performance of 0.0476, mean deviation of 0.9832, and Semi Deviation of 1.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.0304%. Allstate has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.97, which signifies possible diversification benefits within a given portfolio. Allstate returns are very sensitive to returns on the market. As the market goes up or down, Allstate is expected to follow. Allstate right now shows a risk of 1.35%. Please confirm Allstate potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Allstate will be following its price patterns.

Auto-correlation

    
  0.78  

Good predictability

The Allstate has good predictability. Overlapping area represents the amount of predictability between Allstate time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Allstate price movement. The serial correlation of 0.78 indicates that around 78.0% of current Allstate price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.7
Residual Average0.0
Price Variance190.72

Allstate lagged returns against current returns

Autocorrelation, which is Allstate stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Allstate's stock expected returns. We can calculate the autocorrelation of Allstate returns to help us make a trade decision. For example, suppose you find that Allstate has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Allstate regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Allstate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allstate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allstate stock over time.
   Current vs Lagged Prices   
       Timeline  

Allstate Lagged Returns

When evaluating Allstate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allstate stock have on its future price. Allstate autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Allstate autocorrelation shows the relationship between Allstate stock current value and its past values and can show if there is a momentum factor associated with investing in The Allstate.
   Regressed Prices   
       Timeline  

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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:
Allstate technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Allstate technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allstate trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...