The Allstate Stock Alpha and Beta Analysis

ALL Stock  USD 197.22  4.92  2.56%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as The Allstate. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allstate over a specified time horizon. Remember, high Allstate's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Allstate's market risk premium analysis include:
Beta
0.97
Alpha
(0.03)
Risk
1.35
Sharpe Ratio
0.0225
Expected Return
0.0304
Please note that although Allstate alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Allstate did 0.03  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of The Allstate stock's relative risk over its benchmark. Allstate has a beta of 0.97  . Allstate returns are very sensitive to returns on the market. As the market goes up or down, Allstate is expected to follow. At this time, Allstate's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 65.67 this year, although Book Value Per Share will most likely fall to 49.42.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Allstate Backtesting, Allstate Valuation, Allstate Correlation, Allstate Hype Analysis, Allstate Volatility, Allstate History and analyze Allstate Performance.

Allstate Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allstate market risk premium is the additional return an investor will receive from holding Allstate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Allstate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Allstate's performance over market.
α-0.03   β0.97

Allstate expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Allstate's Buy-and-hold return. Our buy-and-hold chart shows how Allstate performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Allstate Market Price Analysis

Market price analysis 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 understating and applying Allstate stock market price indicators, traders can identify Allstate position entry and exit signals to maximize returns.

Allstate Return and Market Media

The median price of Allstate for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 is 191.15 with a coefficient of variation of 3.54. The daily time series for the period is distributed with a sample standard deviation of 6.82, arithmetic mean of 192.55, and mean deviation of 5.53. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
 
Allstate dividend paid on 1st of October 2024
10/01/2024
1
Allstates Milton Loss Hits 102M Stock Reaches 52-Week High
11/22/2024
2
Aristocrat Leisure Limited Raises Dividend to 0.42 Per Share
11/27/2024
3
Is Allstate Stock Undervalued Right Now
12/02/2024
4
Iowa firm paid 700,000 for Rochesters Allstate Carwash Storage
12/03/2024
5
Arlo Technologies general counsel Brian Busse sells 318,343 in stock
12/04/2024
6
Allstate Corporation 4.75 DP PFD I declares 0.2968 dividend
12/06/2024
7
Why Ord Minnett is bullish on these ASX 200 tech stocks
12/09/2024
8
Disposition of 352 shares by Suren Gupta of Allstate subject to Rule 16b-3
12/10/2024
9
Institutions along with individual investors who hold considerable shares inAristocrat Leisure Limited come under pressure lose 3.1 percent of holdings value
12/11/2024

About Allstate Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Allstate or other stocks. Alpha measures the amount that position in Allstate has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
Dividend Yield0.02880.02810.0187
Price To Sales Ratio0.690.640.89

Allstate Upcoming Company Events

As portrayed in its financial statements, the presentation of Allstate's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allstate's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allstate's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allstate. Please utilize our Beneish M Score to check the likelihood of Allstate's management manipulating its earnings.
7th of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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7th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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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...