Do you know how to calc. what your OG is going to be?
(if don't know that it's also easy to figure out)
Figuring out the ABV is pretty easy.
If you have an OG of 1.050, and your yeast attenuation rate is 65% to 75%
.65x50=32.5
.75x50=37.5
50-32.5=17.5
50-37.5=12.5
so you can expect an FG somewhere between 1.017 and 1.012
depending on grain bill,mash temp,ferm temp.,pitchiing rate, etc.
then (OG-FG)x133=ABV
so your ABV will be somewhere between
(1.050-1.017)x133=4.4%ABV
(1.050-1.012)x133=5%ABV