The Allstate Stock Alpha and Beta Analysis
| ALL Stock | USD 207.39 0.81 0.39% |
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 0.84 | Alpha 0.0556 | Risk 1.32 | Sharpe Ratio 0.12 | Expected Return 0.15 |
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.
Allstate |
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 | 0.06 | β | 0.84 |
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 Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 190.26 with a coefficient of variation of 3.2. The daily time series for the period is distributed with a sample standard deviation of 6.12, arithmetic mean of 191.52, and mean deviation of 4.71. 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 | Australias Aristocrat Leisure says its unit divests mobile gaming business for 820 million | 11/11/2024 |
2 | Is Allstate a Buy as Wall Street Analysts Look Optimistic | 11/13/2024 |
3 | This Insurance Giant Has Cut Its Office Budget By 244 Million in 4 Years Heres Where Employees Will Meet Instead | 11/18/2024 |
4 | Heres Why Allstate is a Strong Momentum Stock | 11/21/2024 |
5 | The Allstate Corporation Hits Fresh High Is There Still Room to Run | 11/22/2024 |
6 | Hancock Whitney Corp Cuts Holdings in The Allstate Co. | 11/25/2024 |
7 | Allstate shares target increased, rating held on improved outlook | 11/26/2024 |
8 | Allstate is a Great Momentum Stock Should You Buy | 11/27/2024 |
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 Yield | 0.0288 | 0.0281 | 0.0187 | Price To Sales Ratio | 0.69 | 0.64 | 0.89 |
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 | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Allstate Backtesting, Allstate Valuation, Allstate Correlation, Allstate Hype Analysis, Allstate Volatility, Allstate History and analyze Allstate Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.