Allstate (Germany) Market Value
| ALS Stock | EUR 184.75 4.15 2.30% |
| Symbol | Allstate |
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.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Allstate on December 17, 2024 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 90 days. Allstate is related to or competes with PICKN PAY, Magnachip Semiconductor, MARKET VECTR, Costco Wholesale, Lattice Semiconductor, and Burlington Stores. The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the ... 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.
| Information Ratio | 0.0341 | |||
| Maximum Drawdown | 10.44 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.38 |
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | 0.2261 | |||
| Treynor Ratio | (0.06) |
Allstate Backtested Returns
At this point, Allstate is very steady. Allstate secures Sharpe Ratio (or Efficiency) of 0.0166, which signifies that the company had a 0.0166 % return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for The Allstate, which you can use to evaluate the volatility of the firm. Please confirm Allstate's Risk Adjusted Performance of (0.01), coefficient of variation of (7,719), and Mean Deviation of 1.6 to double-check if the risk estimate we provide is consistent with the expected return of 0.0353%. Allstate has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allstate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allstate is expected to be smaller as well. Allstate right now shows a risk of 2.13%. Please confirm Allstate treynor ratio, skewness, and the relationship between the jensen alpha and value at risk , to decide if Allstate will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
The Allstate has virtually no predictability. Overlapping area represents the amount of predictability between Allstate time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. 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 0.07 indicates that barely 7.0% of current Allstate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 14.49 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Allstate Stock
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:Check out Allstate Correlation, Allstate Volatility and Allstate Alpha and Beta module to complement your research on Allstate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.