Oct 13 close Sign in

Real estate

Boardwalk REIT (BEI.UN)

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

Your signal

Sell34 / 100

Sell: 34 is at or below your Sell line of 40. Off the high (−12% from its 1-year high) scores 60 and lifts it; Plays in (20%) scores 20 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 weightBEI.UNPointsWeightAdds
Plays in20%20408.0
Off the high−12% from its 1-year high603018.0
Trend−6% vs 200-day26307.8
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 BEI.UN
FactorBEI.UNPointsWhat it is
Plays in20%20The share of the plays you count that hold it now.
Analysts' upside+31% · 11 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' rating2.2 · buy41The 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/E12.9×68Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG1.4149P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales5.1×36Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book0.6×98Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield3.0%68Dividends 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+2%16Revenue 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 margin−5%10Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity−1%15Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity0.83×36Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−12% from its 1-year high60How 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−6% vs 200-day26How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−5%28The price change over the last 12 months. Higher ranks higher.
Low crash exposure4/10 · moderate60The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on BEI.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 in20 / 100Every play Be The Puck tests, in 7 families.
Crash exposureModerate4 of 10 on the storm testMayer Multiple0.94×Price ÷ its 200-day average (−6%). Higher than on 19% of days since 2005. 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 BEI.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.

BEI.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 BEI.UN lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Oct 13−1.6% against the S&P/TSX1.4× a normal day

BEI.UN −0.7%, the S&P/TSX +0.9% that session.

No earnings report, rating change, 8-K filing or news story on BEI.UN was found for this session. Headlines that day were commentary or previews rather than news. The S&P/TSX moved +0.9%. The 18 other Real estate stocks Be The Puck covers moved −0.2% on average, so most of the move was its own.

Fri Oct 2−1.6% against the S&P/TSX1.5× a normal day

BEI.UN −0.6%, the S&P/TSX +1.0% that session; −0.4% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on BEI.UN was found for this session. Be The Puck's headline archive for BEI.UN starts Oct 5, so news stories from that day aren't in it. The S&P/TSX moved +1.0%. The 18 other Real estate stocks Be The Puck covers moved −0.5% on average: much of the move was shared with its group.

Tue Sep 15−1.9% against the S&P/TSX1.6× a normal day

BEI.UN −2.2%, the S&P/TSX −0.3% that session; −1.5% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on BEI.UN was found for this session. Be The Puck's headline archive for BEI.UN starts Oct 5, so news stories from that day aren't in it. The S&P/TSX moved −0.3%. The 18 other Real estate stocks Be The Puck covers moved −1.6% on average: much of the move was shared with its group.

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 BEI.UN

All 100 plays, by family.

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

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTAug 26, 2026 −5.4%Enter above C$61.23 (+1.7%)23% 148/633+3.2% / +10.9%−70.0% / −71.3%
Bull Market Support BandBenjamin Cowen · weeklyOUTAug 7, 2026 −6.8%Enter above C$63.81 (+5.9%)30% 31/103+9.8% / +10.9%−46.0% / −71.3%
Ripster EMA CloudRipster · dailyOUTAug 25, 2026 −6.7%Enter above C$62.27 (+3.4%)19% 74/391+4.7% / +10.9%−58.9% / −71.3%
Trend TemplateMark Minervini · dailyOUTOct 3, 2024 −21.6%Not on one close14% 24/169+4.0% / +10.1%−44.4% / −71.3%
Stage AnalysisStan Weinstein · weeklyOUTAug 7, 2026 −6.8%Enter above C$69.27 (+15.0%)37% 19/51+11.5% / +10.9%−50.0% / −71.3%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTOct 4, 2024 −20.1%Enter above C$70.03 (+16.3%)23% 19/84+7.1% / +10.9%−62.7% / −71.3%
10-Month SMAMeb Faber · month-endOUTAug 31, 2026 −3.5%Enter above C$64.31 (+6.8%)29% 9/31+9.0% / +10.9%−71.8% / −71.3%
200-Day RulePaul Tudor Jones · dailyOUTAug 26, 2026 −5.4%Enter above C$64.35 (+6.8%)19% 23/121+11.3% / +10.9%−35.7% / −71.3%
Golden CrossMarket tradition · dailyOUTSep 16, 2026 −1.6%Enter above C$181.28 (+201.0%)40% 10/25+8.0% / +10.9%−72.8% / −71.3%
Granville 200-DayJoseph E. Granville · dailyOUTAug 26, 2026 −5.4%Enter above C$64.35 (+6.8%)23% 16/70+10.9% / +10.9%−31.0% / −71.3%
Hull Moving AverageAlan Hull · weeklyOUTAug 7, 2026 −6.8%Enter above C$64.23 (+6.6%)37% 52/141+9.1% / +10.9%−42.5% / −71.3%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTAug 25, 2026 −6.7%Enter above C$62.25 (+3.4%)24% 180/737+7.4% / +10.9%−39.9% / −71.3%
TEMA CrossoverPatrick G. Mulloy · dailyINOct 5, 2026 −1.6%Exit below C$59.17 (−1.8%)38% 96/253+6.6% / +10.9%−37.5% / −71.3%
Seykota 15/150Ed Seykota · dailyOUTAug 28, 2026 −5.5%Enter above C$101.00 (+67.7%)21% 7/33+6.6% / +10.9%−62.1% / −71.3%
Guppy Multiple MAsDaryl Guppy · dailyOUTAug 7, 2026 −6.8%Enter above C$77.18 (+28.1%)27% 34/127+7.4% / +10.9%−57.7% / −71.3%
Ichimoku CloudGoichi Hosoda · dailyOUTAug 6, 2026 −6.0%Not on one close29% 32/109+9.6% / +10.9%−40.3% / −71.3%
SupertrendOlivier Seban · dailyOUTAug 27, 2026 −4.8%Enter above C$63.10 (+4.8%)36% 49/137+8.5% / +10.9%−42.6% / −71.3%
Williams AlligatorBill Williams · dailyOUTAug 11, 2026 −5.3%Not on one close46% 143/311+7.9% / +10.9%−40.3% / −71.3%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTOct 7, 2026 −0.2%Enter above C$63.29 (+5.1%)36% 201/557+5.1% / +10.9%−53.5% / −71.3%
AroonTushar S. Chande · dailyOUTAug 6, 2026 −6.0%Enter above C$63.15 (+4.8%)36% 78/217+7.3% / +10.9%−47.0% / −71.3%
Parabolic SARJ. Welles Wilder Jr. · dailyINOct 13, 2026 0.0%Exit below C$59.97 (−0.4%)40% 182/450+8.3% / +10.9%−42.9% / −71.3%
ADX TrendJ. Welles Wilder Jr. · dailyOUTFeb 20, 2026 −8.1%Enter above C$74.00 (+22.9%)32% 49/151+5.2% / +10.9%−37.7% / −71.3%
MACD Zero LineGerald Appel · dailyOUTAug 7, 2026 −6.8%Enter above C$67.61 (+12.2%)28% 51/179+7.3% / +10.9%−49.1% / −71.3%
Zweig 4% ModelMartin Zweig · weeklyOUTAug 28, 2026 −5.5%Enter above C$62.95 (+4.5%)37% 62/169+7.0% / +10.9%−49.6% / −71.3%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTAug 12, 2026 −5.6%Enter above C$64.42 (+7.0%)28% 62/221+6.3% / +10.9%−54.7% / −71.3%
Schaff Trend CycleDoug Schaff · dailyOUTAug 27, 2026 −4.8%Not on one close37% 87/235+7.4% / +10.9%−42.3% / −71.3%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTJul 27, 2026 −6.5%Enter above C$67.29 (+11.7%)29% 40/140+7.4% / +10.9%−46.4% / −71.3%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTAug 12, 2026 −5.6%Enter above C$79.87 (+32.6%)28% 28/99+6.9% / +10.9%−64.1% / −71.3%
Elder Triple ScreenAlexander Elder · dailyOUTJul 17, 2026 −7.5%Enter above C$61.84 (+2.7%)34% 64/188+1.5% / +10.9%−50.0% / −71.3%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTFeb 12, 2026 −7.9%Not on one close44% 23/52+2.4% / +10.9%−10.6% / −71.3%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTAug 31, 2026 −3.5%Enter above C$62.22 (+3.3%)34% 41/119+7.8% / +10.9%−46.4% / −71.3%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTFeb 12, 2026 −7.9%Enter above C$64.63 (+7.3%)25% 36/143+4.3% / +10.9%−43.3% / −71.3%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTFeb 12, 2026 −7.9%Enter above C$67.32 (+11.8%)31% 30/97+4.5% / +10.9%−46.8% / −71.3%
Clenow TrendAndreas F. Clenow · dailyOUTAug 20, 2025 −8.6%Enter above C$105.95 (+75.9%)34% 30/87+7.2% / +10.9%−25.4% / −71.3%
Darvas BoxNicolas Darvas · dailyOUTFeb 12, 2026 −7.9%Not on one close36% 39/109+6.8% / +10.9%−32.3% / −71.3%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTMay 6, 2026 −6.8%Enter above C$63.98 (+6.2%)29% 43/149+2.1% / +10.9%−52.4% / −71.3%
Bollinger BreakoutJohn Bollinger · dailyOUTJul 14, 2026 −7.4%Enter above C$62.06 (+3.0%)28% 66/233+3.2% / +10.9%−50.2% / −71.3%
Chandelier ExitChuck LeBeau · dailyOUTAug 26, 2026 −5.4%Enter above C$62.18 (+3.2%)36% 63/175+8.1% / +10.9%−36.2% / −71.3%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTAug 26, 2026 −5.4%Enter above C$63.26 (+5.0%)35% 55/159+7.3% / +10.9%−49.5% / −71.3%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTDec 8, 2025 +1.5%Enter above C$67.89 (+12.7%)35% 19/55+8.5% / +10.1%−56.1% / −71.3%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTAug 11, 2026 −5.3%Enter above C$62.53 (+3.8%)30% 89/301+10.6% / +10.9%−31.2% / −71.3%
Acceleration BandsPrice Headley · dailyOUTJan 19, 2026 −10.8%Not on one close29% 47/161+3.7% / +10.9%−25.5% / −71.3%
TTM SqueezeJohn F. Carter · dailyOUTJul 15, 2026 −7.8%Enter above C$63.99 (+6.2%)32% 50/158+1.8% / +10.9%−24.3% / −71.3%
NR7 BreakoutToby Crabel · dailyOUTOct 1, 2026 −1.1%Enter above C$60.97 (+1.2%)34% 221/657+8.0% / +10.9%−45.0% / −71.3%
Bollinger SqueezeJohn Bollinger · dailyOUTJun 17, 2026 −4.9%Enter above C$62.06 (+3.0%)36% 15/42+2.4% / +10.9%−17.2% / −71.3%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTMay 29, 2026 −5.1%Enter above C$63.99 (+6.2%)24% 8/33+4.4% / +10.9%−81.3% / −71.3%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTJun 30, 2026 −6.3%Not on one close48% 15/31+5.6% / +10.9%−79.5% / −71.3%
Dual MomentumGary Antonacci · month-endOUTSep 30, 2024 −24.5%Enter above C$71.15 (+18.1%)40% 12/30+6.0% / +10.9%−73.8% / −71.3%
Stocks on the MoveAndreas F. Clenow · dailyOUTAug 10, 2026 −5.5%Not on one close24% 33/137+8.7% / +10.9%−35.3% / −71.3%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endINJan 30, 2026 −10.9%Exit below C$58.21 (−3.4%)36% 5/14+6.5% / +10.9%−76.9% / −71.3%
Levy Relative StrengthRobert A. Levy · weeklyOUTApr 24, 2026 −9.4%Enter above C$66.68 (+10.7%)30% 36/122+6.3% / +10.9%−66.1% / −71.3%
MACD Signal CrossGerald Appel · dailyINSep 23, 2026 −1.8%Exit below C$60.11 (−0.2%)36% 158/433+7.1% / +10.9%−43.0% / −71.3%
Elder ImpulseAlexander Elder · dailyOUTOct 1, 2026 −1.1%Enter above C$60.90 (+1.1%)29% 226/775+4.8% / +10.9%−56.3% / −71.3%
Know Sure ThingMartin J. Pring · dailyINSep 29, 2026 −1.5%Exit below C$58.11 (−3.5%)40% 118/295+7.0% / +10.9%−37.4% / −71.3%
Coppock CurveEdwin S. C. Coppock · month-endOUTSep 30, 2026 −2.1%Enter above C$64.64 (+7.3%)22% 4/18+3.9% / +9.2%−77.6% / −71.3%
CCI +100Donald R. Lambert · dailyOUTJul 8, 2026 −8.6%Enter above C$62.29 (+3.4%)27% 170/628+0.9% / +10.9%−58.4% / −71.3%
TRIX Signal CrossJack K. Hutson · dailyINOct 1, 2026 −1.1%Exit below C$57.20 (−5.0%)43% 111/261+6.7% / +10.9%−36.3% / −71.3%
TSI Zero LineWilliam Blau · dailyOUTAug 7, 2026 −6.8%Enter above C$67.90 (+12.7%)29% 50/173+7.7% / +10.9%−48.2% / −71.3%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTAug 31, 2026 −3.5%Enter above C$62.97 (+4.6%)41% 26/63+13.1% / +10.9%−37.5% / −71.3%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTJun 30, 2026 −6.3%Not on one close45% 13/29−0.8% / +5.8%−79.5% / −71.3%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTJun 30, 2026 −6.3%Not on one close45% 15/33+4.9% / +10.9%−78.1% / −71.3%
PMO Signal CrossCarl Swenlin · dailyOUTOct 13, 2026 0.0%Enter above C$60.38 (+0.2%)37% 120/324+6.6% / +10.9%−34.3% / −71.3%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTJan 19, 2026 −10.8%Not on one close51% 19/37+2.7% / +10.9%−67.1% / −71.3%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTAug 13, 2026 −6.3%Not on one close59% 174/294+3.8% / +10.9%−23.7% / −71.3%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTAug 19, 2026 −6.5%Not on one close65% 248/384+3.6% / +10.9%−69.7% / −71.3%
Bollinger ReversionJohn Bollinger · dailyINAug 31, 2026 −3.5%Sell above C$61.06 (+1.4%)60% 90/151+1.3% / +10.9%−58.0% / −71.3%
Stochastic 20/80George C. Lane · dailyINAug 13, 2026 −6.3%Not on one close63% 99/158+4.7% / +10.9%−48.5% / −71.3%
Williams %RLarry Williams · dailyINAug 7, 2026 −6.8%Not on one close62% 159/256+6.9% / +10.9%−67.1% / −71.3%
DeMark 9-CountTom DeMark · dailyINFeb 18, 2026 −9.7%Not on one close65% 51/78+7.2% / +10.9%−52.2% / −71.3%
Mayer MultipleTrace Mayer · dailyINNov 22, 2004 +870.2%Sell above C$155.53 (+158.2%)–+10.9% / +10.9%−71.3% / −71.3%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTDec 20, 2024 +0.9%Not on one close50% 11/22−0.2% / +10.9%−57.7% / −71.3%
Laguerre RSIJohn F. Ehlers · dailyINSep 22, 2026 −2.5%Not on one close45% 152/335+4.6% / +10.9%−67.3% / −71.3%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTSep 23, 2026 −1.8%Enter above C$60.34 (+0.2%)56% 246/441+9.9% / +10.9%−67.1% / −71.3%
IBS ReversionAlexander S. Pagonidis · dailyINOct 13, 2026 0.0%Sell above C$60.23 (0.0%)56% 946/1695−2.0% / +10.9%−76.7% / −71.3%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTDec 17, 2025 −2.1%Not on one close61% 49/80+2.3% / +10.9%−67.1% / −71.3%
Fisher TransformJohn F. Ehlers · dailyINOct 13, 2026 0.0%Exit below C$60.89 (+1.1%)38% 393/1043+7.5% / +10.9%−46.4% / −71.3%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINAug 31, 2026 −3.5%Sell above C$62.77 (+4.2%)54% 73/136+5.8% / +10.9%−36.1% / −71.3%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyOUTSep 18, 2026 −0.9%Not on one close28% 197/705+6.9% / +10.9%−41.2% / −71.3%
Chaikin Money FlowMarc Chaikin · dailyOUTAug 28, 2026 −5.5%Not on one close37% 83/223+6.1% / +10.1%−55.5% / −71.3%
Money Flow IndexGene Quong & Avrum Soudack · dailyOUTJan 23, 2026 −8.6%Not on one close59% 29/49+8.0% / +10.9%−49.6% / −71.3%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTOct 1, 2026 −1.1%Not on one close32% 47/149+10.0% / +10.9%−69.2% / −71.3%
Force IndexAlexander Elder · dailyOUTAug 26, 2026 −5.4%Enter above C$60.64 (+0.7%)29% 197/684+5.7% / +10.9%−56.0% / −71.3%
Buff AveragesBuff Dormeier · dailyOUTAug 7, 2026 −6.8%Enter above C$62.78 (+4.2%)37% 132/358+6.5% / +10.1%−44.8% / −71.3%
Chaikin OscillatorMarc Chaikin · dailyOUTAug 26, 2026 −5.4%Enter above C$60.23 (+0.0%)38% 197/520+8.5% / +10.9%−49.4% / −71.3%
Volume Flow IndicatorMarkos Katsanos · dailyOUTAug 5, 2026 −7.7%Not on one close40% 36/90+10.0% / +10.1%−73.4% / −71.3%
Klinger OscillatorStephen J. Klinger · dailyINOct 9, 2026 −0.7%Sell C$59.46–C$60.92 (+1.1%)36% 322/883+6.6% / +10.9%−33.1% / −71.3%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTOct 1, 2026 −1.1%Enter above C$61.84 (+2.7%)43% 72/169+1.2% / +10.9%−71.2% / −71.3%
HikkakeDaniel L. Chesler · dailyOUTJan 19, 2026 −10.8%Not on one close35% 35/100+7.6% / +10.9%−32.7% / −71.3%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTSep 24, 2026 −1.2%Not on one close62% 32/52+2.9% / +10.9%−11.5% / −71.3%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −10.2%Buys Oct 3053% 23/43+6.4% / +10.9%−70.0% / −71.3%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 29, 2026 −9.4%Enter above C$60.37 (+0.2%)49% 21/43+4.8% / +10.9%−70.3% / −71.3%
Seasonal TimingSy Harding · dailyOUTMay 4, 2026 −8.5%Window opens Oct 1653% 23/43+5.1% / +10.9%−71.8% / −71.3%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −8.0%Buys Dec 2350% 22/44+3.1% / +10.9%−5.7% / −71.3%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −1.6%Buys Oct 2949% 260/526+6.5% / +10.9%−15.4% / −71.3%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −2.1%Sells Jun 3027% 3/11+3.4% / +10.9%−37.3% / −71.3%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −5.0%Buys Nov 2449% 190/386+3.4% / +10.9%−15.2% / −71.3%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +35.2%Not on one close60% 12/20+8.0% / +10.9%−33.4% / −71.3%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1650% 1136/2284+4.8% / +10.9%−70.6% / −71.3%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −1.6%Buys Oct 2747% 165/348+1.8% / +10.9%−9.7% / −71.3%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −0.5%Sells Oct 1647% 256/541+4.2% / +10.9%−68.4% / −71.3%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 4, 2005Always in–+10.9%−71.3%

If the market cracks: the storm test

How the storm test works
ExposureModerate4 of 10 points
  • Market swings0/3
  • Past crashes2/2
  • Debt2/3
  • Run-up0/2
  • It fell about 1.5× as far as its index in past crashes.
  • It operating profit covers interest only 2.7×.

Past crashes, peak to low

Financial crisis Oct 2007 to Nov 2008 · back to its old high Mar 2010

BEI.UN−52%
TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Sep 2021

BEI.UN−68%
TSX−37%

2022 bear market Jan 2022 to Jun 2022 · back to its old high Jan 2023

BEI.UN−24%
TSX−14%
  • Beta0.70Moves about 0.7× as much as the TSX week to week.
  • Downside capture108%In months the TSX fell, this fell 108% as much on average.
  • Two-year change−20%
  • From 52-week high−12%
  • Debt to equity0.79×
  • Net debt / EBITDA10.1×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover2.7×

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 - Residential · Boardwalk Real Estate Investment Trust strives to be Canada's friendliest community provider and the first choice in multi-family communities to work, invest, and call home with our Boardwalk Family Forever. Providing homes in more than 200 communities, with approximately 34,000 residential suites totaling 30 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.

Size and valuation
Market capC$3.3BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)C$641MTotal sales. The market values it at 5.1× sales.
P/E ration/aLost money over the last year, so there is no profit to divide by.
Forward P/E12.9×Price against analysts' estimate of next year's profit.
Price to book0.6×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin−5.0%Spends more than it brings in.
Revenue growth+2.1%Last quarter's sales against the same quarter a year earlier.
Return on equity−0.7%Yearly profit as a share of shareholders' money in the business.
Free cash flowC$276MCash left after running and investing in the business.
Balance sheet
Total equityC$4.9BWhat it owns minus what it owes.
Total debtC$3.9BLoans and bonds it has to pay back, with interest.
CashC$129MCash and short-term investments on hand.
Debt to equity0.79×Moderate.
Interest cover2.7×Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.
Wall Street
Average analyst targetC$78.6831% above the close, from 11 analysts (range C$72.50 to C$85.00).
Consensus ratingBuyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield2.97%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.

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