ALLSTATE P 555 Odds of Future Bond Price Finishing Over 107.23
| 020002AS0 | 107.23 5.99 5.92% |
ALLSTATE |
ALLSTATE Target Price Odds to finish over 107.23
The tendency of ALLSTATE Bond price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 107.23 | 90 days | 107.23 | near 1 |
Based on a normal probability distribution, the odds of ALLSTATE to move above the current price in 90 days from now is near 1 (This ALLSTATE P 555 probability density function shows the probability of ALLSTATE Bond to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ALLSTATE has a beta of 0.38. This usually implies as returns on the market go up, ALLSTATE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALLSTATE P 555 will be expected to be much smaller as well. Additionally ALLSTATE P 555 has an alpha of 0.0529, implying that it can generate a 0.0529 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ALLSTATE Price Density |
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Predictive Modules for ALLSTATE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALLSTATE P 555. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ALLSTATE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALLSTATE is not an exception. The market had few large corrections towards the ALLSTATE's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ALLSTATE P 555, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALLSTATE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | 0.04 |
ALLSTATE Technical Analysis
ALLSTATE's future price can be derived by breaking down and analyzing its technical indicators over time. ALLSTATE Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALLSTATE P 555. In general, you should focus on analyzing ALLSTATE Bond price patterns and their correlations with different microeconomic environments and drivers.
ALLSTATE Predictive Forecast Models
ALLSTATE's time-series forecasting models is one of many ALLSTATE's bond analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ALLSTATE's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the bond market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ALLSTATE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ALLSTATE's short interest history, or implied volatility extrapolated from ALLSTATE options trading.
Other Information on Investing in ALLSTATE Bond
ALLSTATE financial ratios help investors to determine whether ALLSTATE Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALLSTATE with respect to the benefits of owning ALLSTATE security.