Oct 13 close Sign in

Real estate

Allied Properties REIT (AP.UN)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell6 / 100

Sell: 6 is at or below your Sell line of 40. Plays in (14%) scores 14 and lifts it; Off the high (−67% from its 1-year high) scores 0 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightAP.UNPointsWeightAdds
Plays in14%14405.6
Off the high−67% from its 1-year high0300.0
Trend−40% vs 200-day2300.6
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for AP.UN
FactorAP.UNPointsWhat it is
Plays in14%14The share of the plays you count that hold it now.
Analysts' upside+65% · 9 analysts · capped: below 200-day50How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating3.2 · hold0The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/Eloss0Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E3.2×99Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG0.6780P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales2.1×70Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book0.3×100Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield11.9%100Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth––Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth−3%7Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin0%17Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity−46%5Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity1.14×25Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−67% from its 1-year high0How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend−40% vs 200-day2How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−66%2The price change over the last 12 months. Higher ranks higher.
Low crash exposure7/10 · very high30The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on AP.UN

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in14 / 100Every play Be The Puck tests, in 7 families.
Crash exposureVery high7 of 10 on the storm testMayer Multiple0.60×Price ÷ its 200-day average (−40%). Higher than on 0% of days since 2009. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about AP.UN now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

AP.UN, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved AP.UN lately

Its 2 biggest moves against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Mon Oct 5−8.3% against the S&P/TSX4.8× a normal day

AP.UN −8.2%, the S&P/TSX +0.0% that session; −8.8% against the S&P/TSX over five sessions.

Fri Oct 2−6.6% against the S&P/TSX4.3× a normal day

AP.UN −5.6%, the S&P/TSX +1.0% that session; −13.5% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on AP.UN was found for this session. Headlines that day were commentary or previews rather than news. The S&P/TSX moved +1.0%. The 18 other Real estate stocks Be The Puck covers moved −0.3% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on AP.UN

All 100 plays, by family.

Calls right: how often the play's calls on AP.UN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2008. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTJul 29, 2026 −40.6%Enter above C$6.94 (+18.6%)25% 135/550−3.2% / −0.7%−64.0% / −83.9%
Bull Market Support BandBenjamin Cowen · weeklyOUTAug 7, 2026 −39.4%Enter above C$8.95 (+53.0%)30% 21/71+5.6% / +0.5%−36.5% / −83.9%
Ripster EMA CloudRipster · dailyOUTJul 29, 2026 −40.6%Enter above C$7.86 (+34.3%)22% 65/302+1.9% / +2.5%−44.9% / −83.9%
Trend TemplateMark Minervini · dailyOUTOct 9, 2025 −66.6%Not on one close20% 17/83+2.3% / −0.1%−19.6% / −83.9%
Stage AnalysisStan Weinstein · weeklyOUTOct 31, 2025 −57.5%Enter above C$15.38 (+163.0%)28% 14/50+4.4% / +1.5%−46.6% / −83.9%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTOct 31, 2025 −57.5%Enter above C$11.50 (+96.5%)32% 25/77+3.6% / +0.3%−34.7% / −83.9%
10-Month SMAMeb Faber · month-endOUTOct 31, 2025 −57.5%Enter above C$9.49 (+62.2%)32% 7/22+7.4% / +1.0%−46.7% / −83.9%
200-Day RulePaul Tudor Jones · dailyOUTOct 30, 2025 −58.4%Enter above C$9.76 (+66.9%)19% 17/89+7.2% / +0.4%−31.9% / −83.9%
Golden CrossMarket tradition · dailyOUTDec 5, 2025 −51.8%Not on one close39% 7/18+6.7% / +0.4%−50.2% / −83.9%
Granville 200-DayJoseph E. Granville · dailyOUTOct 30, 2025 −58.4%Not on one close20% 14/70+7.3% / +0.4%−31.5% / −83.9%
Hull Moving AverageAlan Hull · weeklyOUTAug 7, 2026 −39.4%Enter above C$9.86 (+68.6%)34% 42/122+2.3% / +2.2%−41.2% / −83.9%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTJul 29, 2026 −40.6%Enter above C$6.09 (+4.1%)25% 162/636−0.2% / −0.8%−56.8% / −83.9%
TEMA CrossoverPatrick G. Mulloy · dailyOUTJun 2, 2026 −39.3%Enter above C$8.43 (+44.1%)38% 80/210+1.7% / +1.5%−42.7% / −83.9%
Seykota 15/150Ed Seykota · dailyOUTNov 12, 2025 −55.0%Not on one close27% 4/15+4.8% / −0.4%−56.6% / −83.9%
Guppy Multiple MAsDaryl Guppy · dailyOUTAug 4, 2026 −39.5%Enter above C$21.41 (+266.0%)35% 31/88+7.9% / +1.5%−23.6% / −83.9%
Ichimoku CloudGoichi Hosoda · dailyOUTJul 31, 2026 −39.5%Not on one close29% 28/96+5.5% / +1.5%−35.3% / −83.9%
SupertrendOlivier Seban · dailyOUTAug 6, 2026 −38.1%Enter above C$6.71 (+14.6%)38% 45/117+0.9% / −1.0%−41.7% / −83.9%
Williams AlligatorBill Williams · dailyOUTAug 5, 2026 −39.5%Not on one close42% 118/278+3.4% / −1.0%−50.3% / −83.9%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTJul 29, 2026 −40.6%Enter above C$9.51 (+62.6%)35% 158/450+2.4% / −1.0%−40.4% / −83.9%
AroonTushar S. Chande · dailyOUTJul 29, 2026 −40.6%Enter above C$8.50 (+45.3%)37% 68/183+2.1% / −1.1%−39.6% / −83.9%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTSep 8, 2026 −28.2%Enter above C$6.26 (+7.1%)36% 148/416−3.2% / −0.8%−57.7% / −83.9%
ADX TrendJ. Welles Wilder Jr. · dailyOUTApr 30, 2026 −38.6%Enter above C$7.41 (+26.6%)29% 41/142−0.7% / −1.0%−39.1% / −83.9%
MACD Zero LineGerald Appel · dailyOUTAug 5, 2026 −39.5%Enter above C$14.09 (+140.8%)28% 42/148+3.0% / +0.9%−43.7% / −83.9%
Zweig 4% ModelMartin Zweig · weeklyOUTJul 31, 2026 −39.5%Enter above C$6.27 (+7.2%)35% 46/133−0.1% / −1.0%−46.5% / −83.9%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTJul 31, 2026 −39.5%Not on one close33% 60/180+3.7% / +0.9%−38.8% / −83.9%
Schaff Trend CycleDoug Schaff · dailyOUTAug 6, 2026 −38.1%Not on one close36% 65/182+0.6% / +1.5%−58.4% / −83.9%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTAug 4, 2026 −39.5%Enter above C$13.58 (+132.1%)31% 35/114+2.1% / +2.5%−46.1% / −83.9%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTAug 7, 2026 −39.4%Enter above C$23.37 (+299.4%)38% 24/64+5.8% / +2.5%−34.9% / −83.9%
Elder Triple ScreenAlexander Elder · dailyOUTJun 26, 2026 −40.3%Not on one close33% 54/164+0.1% / +1.2%−37.5% / −83.9%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTOct 17, 2024 −65.8%Not on one close25% 6/24+1.0% / +0.9%−13.4% / −83.9%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTAug 6, 2026 −38.1%Enter above C$8.11 (+38.7%)36% 34/94+4.9% / −1.0%−36.0% / −83.9%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTJul 29, 2026 −40.6%Enter above C$10.01 (+71.1%)29% 38/130+0.2% / +1.0%−36.7% / −83.9%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTJul 29, 2026 −40.6%Enter above C$10.54 (+80.1%)29% 23/78+4.4% / +1.0%−19.7% / −83.9%
Clenow TrendAndreas F. Clenow · dailyOUTOct 7, 2025 −69.3%Not on one close35% 27/78+4.3% / +2.5%−23.8% / −83.9%
Darvas BoxNicolas Darvas · dailyOUTJul 31, 2026 −39.5%Not on one close41% 32/78+3.0% / −1.0%−49.2% / −83.9%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTJul 29, 2026 −40.6%Enter above C$7.86 (+34.4%)32% 41/130−0.1% / −0.8%−37.6% / −83.9%
Bollinger BreakoutJohn Bollinger · dailyOUTJul 29, 2026 −40.6%Enter above C$8.62 (+47.4%)27% 58/212−1.3% / −1.1%−47.5% / −83.9%
Chandelier ExitChuck LeBeau · dailyOUTJul 31, 2026 −39.5%Enter above C$8.08 (+38.2%)35% 47/136+3.8% / −1.1%−30.4% / −83.9%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTAug 6, 2026 −38.1%Enter above C$6.65 (+13.6%)36% 50/139+0.7% / −1.0%−37.5% / −83.9%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTAug 18, 2026 −35.2%Enter above C$10.55 (+80.4%)38% 16/42+4.4% / −0.7%−54.3% / −83.9%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTJul 31, 2026 −39.5%Enter above C$7.94 (+35.8%)29% 71/242+1.5% / −0.9%−44.1% / −83.9%
Acceleration BandsPrice Headley · dailyOUTApr 21, 2026 −42.4%Not on one close23% 32/138−0.8% / −1.0%−36.6% / −83.9%
TTM SqueezeJohn F. Carter · dailyOUTJul 15, 2026 −40.9%Not on one close33% 36/110+0.8% / −0.8%−27.6% / −83.9%
NR7 BreakoutToby Crabel · dailyOUTAug 6, 2026 −38.1%Enter above C$6.10 (+4.3%)31% 175/572−1.9% / −0.7%−62.5% / −83.9%
Bollinger SqueezeJohn Bollinger · dailyOUTJun 22, 2026 −39.4%Not on one close18% 8/44−1.1% / +1.4%−23.0% / −83.9%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTOct 31, 2025 −57.5%Enter above C$14.26 (+143.8%)31% 5/16+6.3% / −0.1%−46.7% / −83.9%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTNov 28, 2025 −52.2%Not on one close29% 4/14+5.4% / −0.1%−51.5% / −83.9%
Dual MomentumGary Antonacci · month-endOUTSep 30, 2025 −69.4%Enter above C$15.86 (+171.0%)46% 13/28+6.0% / −0.1%−45.2% / −83.9%
Stocks on the MoveAndreas F. Clenow · dailyOUTAug 10, 2026 −37.1%Not on one close24% 25/104+5.3% / +2.3%−34.8% / −83.9%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTOct 31, 2025 −57.5%Enter above C$13.13 (+124.5%)40% 4/10+6.2% / +0.3%−46.7% / −83.9%
Levy Relative StrengthRobert A. Levy · weeklyOUTOct 17, 2025 −65.8%Enter above C$9.53 (+63.0%)40% 41/102+6.2% / +1.7%−30.2% / −83.9%
MACD Signal CrossGerald Appel · dailyOUTJul 30, 2026 −40.8%Enter above C$6.89 (+17.8%)32% 119/368+0.5% / +0.9%−47.0% / −83.9%
Elder ImpulseAlexander Elder · dailyOUTJul 29, 2026 −40.6%Enter above C$6.55 (+11.9%)27% 182/670−3.0% / +0.9%−61.8% / −83.9%
Know Sure ThingMartin J. Pring · dailyOUTJul 30, 2026 −40.8%Enter above C$10.05 (+71.8%)36% 90/250+2.0% / +0.9%−41.3% / −83.9%
Coppock CurveEdwin S. C. Coppock · month-endOUTJan 30, 2026 −56.2%Enter above C$9.34 (+59.7%)50% 4/8+0.0% / −2.2%−54.4% / −83.9%
CCI +100Donald R. Lambert · dailyOUTJul 29, 2026 −40.6%Enter above C$9.11 (+55.7%)27% 132/481+0.9% / −1.0%−30.9% / −83.9%
TRIX Signal CrossJack K. Hutson · dailyOUTJul 31, 2026 −39.5%Enter above C$14.13 (+141.6%)42% 92/219+3.8% / +2.5%−48.7% / −83.9%
TSI Zero LineWilliam Blau · dailyOUTAug 5, 2026 −39.5%Enter above C$14.38 (+145.8%)29% 41/142+3.6% / +2.5%−43.2% / −83.9%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTFeb 27, 2026 −35.6%Enter above C$7.96 (+36.1%)33% 17/51+3.9% / −0.1%−56.0% / −83.9%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTNov 28, 2025 −52.2%Not on one close31% 4/13+3.0% / −3.5%−51.5% / −83.9%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTNov 28, 2025 −52.2%Not on one close28% 5/18+4.1% / −0.1%−52.6% / −83.9%
PMO Signal CrossCarl Swenlin · dailyOUTJul 30, 2026 −40.8%Enter above C$7.88 (+34.7%)31% 88/285+1.5% / +1.5%−45.1% / −83.9%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyINSep 4, 2026 −31.2%Not on one close62% 23/37+3.0% / −1.1%−56.0% / −83.9%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTOct 22, 2025 −65.8%Not on one close57% 146/254+0.0% / +0.4%−39.8% / −83.9%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTNov 25, 2025 −52.6%Not on one close64% 203/316+1.3% / +0.4%−52.1% / −83.9%
Bollinger ReversionJohn Bollinger · dailyINAug 6, 2026 −38.1%Sell above C$6.98 (+19.3%)68% 104/153−1.6% / −1.1%−63.5% / −83.9%
Stochastic 20/80George C. Lane · dailyINAug 14, 2026 −36.5%Not on one close63% 82/131−2.6% / −0.8%−69.5% / −83.9%
Williams %RLarry Williams · dailyINAug 7, 2026 −39.4%Not on one close58% 132/226−3.2% / −1.0%−69.1% / −83.9%
DeMark 9-CountTom DeMark · dailyINAug 12, 2026 −36.7%Not on one close51% 25/49−1.6% / −0.8%−71.0% / −83.9%
Mayer MultipleTrace Mayer · dailyINMay 11, 2009 +7.7%Not on one close–+0.4% / +0.4%−83.9% / −83.9%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyINOct 2, 2026 −11.1%Sell above C$5.97 (+2.1%)47% 7/15−1.6% / +1.5%−39.8% / −83.9%
Laguerre RSIJohn F. Ehlers · dailyOUTJul 29, 2026 −40.6%Enter above C$6.49 (+11.0%)46% 123/266−2.5% / −0.8%−66.7% / −83.9%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTSep 23, 2026 −23.2%Enter above C$5.89 (+0.7%)54% 193/358−1.6% / −0.8%−67.5% / −83.9%
IBS ReversionAlexander S. Pagonidis · dailyOUTOct 6, 2026 −4.6%Buy below C$5.85 (0.0%)56% 821/1475−2.2% / −0.8%−44.7% / −83.9%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTDec 10, 2025 −53.2%Not on one close61% 45/74+2.1% / +0.4%−39.4% / −83.9%
Fisher TransformJohn F. Ehlers · dailyOUTSep 25, 2026 −21.6%Enter above C$6.01 (+2.8%)36% 305/855−1.5% / +0.9%−50.7% / −83.9%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINAug 31, 2026 −30.6%Sell above C$7.24 (+23.8%)56% 59/105−0.4% / −1.1%−71.0% / −83.9%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyOUTJul 29, 2026 −40.6%Not on one close29% 157/538+3.0% / −1.1%−39.8% / −83.9%
Chaikin Money FlowMarc Chaikin · dailyOUTAug 6, 2026 −38.1%Not on one close34% 61/182+0.7% / −1.0%−53.3% / −83.9%
Money Flow IndexGene Quong & Avrum Soudack · dailyINMar 4, 2026 −34.3%Not on one close67% 22/33+4.9% / −1.1%−56.7% / −83.9%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTOct 7, 2026 −4.1%Enter above C$5.87 (+0.4%)35% 42/121+2.6% / 0.0%−50.9% / −83.9%
Force IndexAlexander Elder · dailyOUTJul 29, 2026 −40.6%Enter above C$6.88 (+17.6%)25% 152/599−3.4% / −1.1%−52.3% / −83.9%
Buff AveragesBuff Dormeier · dailyOUTJul 31, 2026 −39.5%Enter above C$13.14 (+124.7%)35% 110/317+0.4% / −1.1%−49.2% / −83.9%
Chaikin OscillatorMarc Chaikin · dailyOUTAug 4, 2026 −39.5%Not on one close33% 155/464−1.7% / −1.0%−55.6% / −83.9%
Volume Flow IndicatorMarkos Katsanos · dailyOUTAug 28, 2026 −33.0%Not on one close27% 19/71+0.1% / −0.3%−78.1% / −83.9%
Klinger OscillatorStephen J. Klinger · dailyOUTSep 24, 2026 −20.8%Not on one close38% 272/721+3.4% / +1.1%−35.9% / −83.9%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINSep 2, 2026 −30.4%Not on one close51% 74/145−5.1% / −0.8%−72.3% / −83.9%
HikkakeDaniel L. Chesler · dailyOUTMar 6, 2026 −32.3%Enter above C$6.20 (+6.0%)40% 35/88+1.8% / −0.9%−41.4% / −83.9%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTAug 10, 2026 −37.1%Not on one close43% 18/42+1.6% / −0.9%−15.6% / −83.9%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −38.6%Buys Oct 3050% 18/36+3.2% / −0.8%−53.2% / −83.9%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 23, 2026 −41.0%Enter above C$6.25 (+6.8%)47% 17/36−0.8% / +0.9%−76.2% / −83.9%
Seasonal TimingSy Harding · dailyOUTApr 29, 2026 −40.1%Window opens Oct 1656% 20/36+3.6% / +0.9%−51.7% / −83.9%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −55.4%Buys Dec 2356% 20/36+4.0% / −0.8%−4.9% / −83.9%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −3.1%Buys Oct 2949% 215/438−0.3% / −0.8%−31.0% / −83.9%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −17.6%Sells Jun 3056% 5/9+0.6% / −0.8%−31.2% / −83.9%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −31.2%Buys Nov 2455% 176/322+4.2% / −0.8%−6.7% / −83.9%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 −66.9%Not on one close62% 10/16+0.6% / +1.3%−72.5% / −83.9%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1650% 941/1901−1.2% / −0.8%−76.6% / −83.9%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −25.0%Buys Oct 2742% 121/290−0.4% / −0.8%−17.0% / −83.9%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −11.1%Sells Oct 1647% 214/451−2.7% / −0.8%−69.5% / −83.9%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJul 24, 2008Always in–−0.8%−83.9%

If the market cracks: the storm test

How the storm test works
ExposureVery high7 of 10 points
  • Market swings2/3
  • Past crashes2/2
  • Debt3/3
  • Run-up0/2
  • It moves about 1.3× its index.
  • It fell about 1.9× as far as its index in past crashes.
  • It operating profit doesn't cover its interest.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · never got back

AP.UN−46%
TSX−37%

2022 bear market Jan 2022 to Oct 2022 · never got back

AP.UN−37%
TSX−14%
  • Beta1.29Moves about 1.3× as much as the TSX week to week.
  • Downside capture255%In months the TSX fell, this fell 255% as much on average.
  • Two-year change−64%
  • From 52-week high−67%
  • Debt to equity1.02×
  • Net debt / EBITDA54.1×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover−9.2×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

REIT - Office · Allied Properties Real Estate Investment Trust is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

Size and valuation
Market capC$1.2BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)C$581MTotal sales. The market values it at 2.1× sales.
P/E ration/aLost money over the last year, so there is no profit to divide by.
Forward P/E3.2×Price against analysts' estimate of next year's profit.
Price to book0.3×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin0.0%Spends more than it brings in.
Revenue growth−3.1%Last quarter's sales against the same quarter a year earlier.
Return on equity−45.6%Yearly profit as a share of shareholders' money in the business.
Free cash flow−C$391MBurning cash: needs savings or new money to keep going.
Balance sheet
Total equityC$4.0BWhat it owns minus what it owes.
Total debtC$4.1BLoans and bonds it has to pay back, with interest.
CashC$83.5MCash and short-term investments on hand.
Debt to equity1.02×Moderate.
Interest cover−9.2×Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.
Wall Street
Average analyst targetC$9.6465% above the close, from 9 analysts (range C$7.50 to C$11.00).
Consensus ratingHoldAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield11.94%Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Read more

Reports for Be The Puck Members.

Email meTest a theory

Free account

Know the moment the light flips on your stocks.

Follow your stocks and get an email with the analysis the evening a light flips. Member tools are free until January 1, 2027.