Allstate Stock Alpha and Beta Analysis

ALL
 Stock
  

USD 133.90  0.52  0.39%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allstate Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allstate Corp over a specified time horizon. Remember, high Allstate Corp'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.
Please continue to Allstate Corp Backtesting, Allstate Corp Valuation, Allstate Corp Correlation, Allstate Corp Hype Analysis, Allstate Corp Volatility, Allstate Corp History and analyze Allstate Corp Performance.
  
Please note that although Allstate Corp 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 index.) So in this particular case, Allstate Corp did 0.07  better 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 Allstate Corp stock's relative risk over its benchmark. Allstate Corp has a beta of 0.94  . Let's try to break down what Allstate's beta means in this case. Allstate Corp returns are very sensitive to returns on the market. As the market goes up or down, Allstate Corp is expected to follow.
Allstate Corp Price to Book Value is relatively stable at the moment as compared to the past year. The company's current Price to Book Value is estimated at 1.42. Tangible Assets Book Value per Share is expected to hike to 342.48 this year, although Enterprise Value over EBIT will most likely fall to 10.71.
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.

Enterprise Value

40.98 Billion

Allstate Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allstate Corp market risk premium is the additional return an investor will receive from holding Allstate Corp 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 Corp. 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 Corp's performance over market.
α0.07   β0.94
90 days against DJI

Allstate Corp 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 Corp's Buy-and-hold return. Our buy-and-hold chart shows how Allstate Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Allstate Corp Market Price Analysis

Market price analysis indicators help investors to evaluate how Allstate Corp 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 Corp shares will generate the highest return on investment. By understating and applying Allstate Corp stock market price indicators, traders can identify Allstate Corp position entry and exit signals to maximize returns.

Allstate Corp Return and Market Media

The median price of Allstate Corp for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 127.45 with a coefficient of variation of 3.63. The daily time series for the period is distributed with a sample standard deviation of 4.62, arithmetic mean of 127.45, and mean deviation of 3.92. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Exercise or conversion by Mark Prindiville of 5511 shares of...09/12/2022
2
Financial Statements09/15/2022
3
Allstate Stock Cheap Valuation And Strong Chart Make It A Bu...09/19/2022
4
Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job ...09/26/2022
5
Exercise or conversion by John Pintozzi of 282 shares of All...09/28/2022
6
EPS Estimate09/30/2022
7
Ian Will Cost Insurers, But Less Than 2021s Disasters - Barr...10/03/2022
8
Acquisition by Donald Brown of 250 shares of Allstate Corp s...10/04/2022
9
Exercise or conversion by Mark Prindiville of 210 shares of ...10/05/2022
10
Acquisition by Mario Rizzo of 964 shares of Allstate Corp su...10/07/2022
11
Top 5 3rd Quarter Trades of HE - GuruFocus.com10/20/2022
12
EPS Reported11/02/2022
13
The Allstate Corporation is largely controlled by institutio...11/21/2022

About Allstate Corp 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 Corp 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.
 2019 2020 2021 2022 (projected)
PPandE Turnover40.840.5750.6942.37
Calculated Tax Rate20.419.8719.9924.77

Allstate Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Allstate Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allstate Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allstate Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allstate Corp. Please utilize our Beneish M Score to check the likelihood of Allstate Corp's management manipulating its earnings.
Upcoming Quarterly Report2nd of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please continue to Allstate Corp Backtesting, Allstate Corp Valuation, Allstate Corp Correlation, Allstate Corp Hype Analysis, Allstate Corp Volatility, Allstate Corp History and analyze Allstate Corp Performance. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Allstate Corp 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 Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allstate Corp 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...