ALL, long position. The IJ Fund aims to build a low-beta portfolio, composed of undervalued stocks. The Allstate Corporation is a well-established insurance company operating in the US and Canada. The company has stable revenue and has been insignificantly affected by Covid-19. Currently, the company’s P/E Ratio is at 6.8. The industry average P/E Ratio of 7.8. Taking this into account, and the fact that Allstate Corporation has solid earnings yet a below-average PEG Ratio, the IJ Fund has strong reason to believe that the stock might be undervalued. The company has a beta of 0.72, which is below the fund target. The market capitalization is $29Bn.The company industry classifies as Financial services.