The Allstate Stock Price on February 6, 2024
| ALL Stock | USD 169.88 2.83 1.64% |
Below is the normalized historical share price chart for The Allstate extending back to June 03, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Allstate stands at 169.88, as last reported on the 14th of May 2024, with the highest price reaching 173.76 and the lowest price hitting 169.66 during the day.
If you're considering investing in Allstate Stock, it is important to understand the factors that can impact its price. We consider Allstate very steady. Allstate secures Sharpe Ratio (or Efficiency) of 0.0829, which signifies that the company had a 0.0829% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for The Allstate, which you can use to evaluate the volatility of the firm. Please confirm Allstate's Mean Deviation of 0.9118, semi deviation of 0.9868, and Risk Adjusted Performance of 0.052 to double-check if the risk estimate we provide is consistent with the expected return of 0.0974%.
At this time, Allstate's Stock Based Compensation To Revenue is quite stable compared to the past year. . At this time, Allstate's Price To Sales Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 2.40 this year, although Price Book Value Ratio will most likely fall to 1.62. Allstate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 1993 | 200 Day MA 139.9402 | 50 Day MA 166.8748 | Beta 0.514 |
Allstate |
Sharpe Ratio = 0.0829
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Allstate is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allstate by adding it to a well-diversified portfolio.
Price Book 2.7901 | Price Sales 0.7706 | Shares Float 262 M | Dividend Share 3.59 | Wall Street Target Price 188.56 |
Allstate Valuation on February 6, 2024
It is possible to determine the worth of Allstate on a given historical date. On February 6, 2024 Allstate was worth 156.45 at the beginning of the trading date compared to the closed value of 156.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allstate stock. Still, in general, we apply an absolute valuation method to find Allstate's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allstate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allstate's related companies.
| Open | High | Low | Close | Volume | |
| 156.46 | 157.44 | 155.69 | 155.93 | 1,331,400 | |
02/06/2024 | 156.45 | 157.85 | 156.02 | 156.44 | 965,300 |
| 157.70 | 159.33 | 157.54 | 157.69 | 1,871,300 |
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Allstate Trading Date Momentum on February 6, 2024
| On February 07 2024 The Allstate was traded for 157.69 at the closing time. Highest Allstate's price during the trading hours was 159.33 and the lowest price during the day was 157.54 . The net volume was 1.9 M. The overall trading history on the 7th of February contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.80% . The trading price change to current price is 3.55% . |
Allstate Fundamentals Correlations and Trends
By evaluating Allstate's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allstate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allstate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allstate Stock history
Allstate investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allstate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allstate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allstate stock prices may prove useful in developing a viable investing in Allstate
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 262.5 M | 471.6 M | |
| Net Loss | -1.3 B | -1.2 B |
Allstate Stock Technical Analysis
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.
Price Boundaries
Allstate Period Price Range
Low | February 6, 2024
| High |
156.45 | 156.44 |
Allstate May 14, 2024 Market Strength
Market strength 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 undertsting and applying Allstate stock market strength indicators, traders can identify The Allstate entry and exit signals to maximize returns
| Accumulation Distribution | 11191.0 | |||
| Daily Balance Of Power | (0.01) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 156.94 | |||
| Day Typical Price | 156.77 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | 13.44 |
Allstate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allstate's price direction in advance. Along with the technical and fundamental analysis of Allstate Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allstate to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.052 | |||
| Jensen Alpha | 0.0494 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.1901 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. 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.
Complementary Tools for Allstate Stock analysis
When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.
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Is Allstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 3.59 | Earnings Share 4.58 | Revenue Per Share 223.112 | Quarterly Revenue Growth 0.107 |
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.