The Allstate Preferred Stock Analysis
ALL-PI Preferred Stock | USD 21.18 0.31 1.49% |
The Allstate is fairly valued with Real Value of 21.81 and Hype Value of 21.18. The main objective of Allstate preferred stock analysis is to determine its intrinsic value, which is an estimate of what The Allstate is worth, separate from its market price. There are two main types of Allstate's stock analysis: fundamental analysis and technical analysis.
The Allstate preferred stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Allstate's ongoing operational relationships across important fundamental and technical indicators.
Allstate |
Allstate Preferred Stock Analysis Notes
About 21.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 12.04. Allstate last dividend was issued on the 29th of December 2022. The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Allstate Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 45780 people. For more info on The Allstate please contact the company at 847 402 5000 or go to https://www.allstate.com.Allstate Investment Alerts
Allstate generated a negative expected return over the last 90 days | |
Allstate has high likelihood to experience some financial distress in the next 2 years | |
The Allstate has accumulated 7.96 B in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Allstate has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Allstate until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate's use of debt, we should always consider it together with cash and equity. | |
The entity reported the revenue of 51.41 B. Net Loss for the year was (1.31 B) with profit before overhead, payroll, taxes, and interest of 6.44 B. |
Allstate Profitablity
The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.Technical Drivers
As of the 1st of December, Allstate shows the Risk Adjusted Performance of (0.06), coefficient of variation of (1,246), and Mean Deviation of 0.675. Allstate technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Allstate Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Allstate middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Allstate. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Allstate Predictive Daily Indicators
Allstate intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allstate preferred stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Allstate Forecast Models
Allstate's time-series forecasting models are one of many Allstate's preferred stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These 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 market movement and maximize returns from investment trading.About Allstate Preferred Stock Analysis
Preferred Stock analysis is the technique used by a trader or investor to examine and evaluate how Allstate prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allstate shares will generate the highest return on investment. We also built our preferred stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Preferred Stock such as Allstate. By using and applying Allstate Preferred Stock analysis, traders can create a robust methodology for identifying Allstate entry and exit points for their positions.
The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Allstate Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 45780 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our preferred stock analysis tools, you can find out how much better you can do when adding Allstate to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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