The Rossoneri currently sit 12th in Serie A after winning just one of their opening five fixtures.
However, Allegri has insisted that the club's standing will be healthier by Christmas.
"We have got to get better in defence, but also in attack, seeing as we only convert about 30% of our scoring opportunities," BT Sport quotes Allegri as saying.
"At the moment things aren't going to plan as we have dropped points along the way, but we have everything it takes to get back on track. We have conceded too many goals, on average two per game, so we must improve our concentration levels.
"Before Christmas we will be in another position."
Milan face Sampdoria on Saturday.