Real estate

Canadian Apartment Properties REIT (CAR.UN)

C$31.13 −1.0% on the day·−19.0% in a year·close Oct 13, 2026

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

Your signal

Sell26 / 100

Sell: 26 is at or below your Sell line of 40. Off the high (−19% from its 1-year high) scores 35 and lifts it; Trend (−11% vs 200-day) 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 weight	CAR.UN	Points	Weight	Adds
Plays in	23%	23	40	9.2
Off the high	−19% from its 1-year high	35	30	10.5
Trend	−11% vs 200-day	20	30	6.0

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 CAR.UN

Factor	CAR.UN	Points	What it is
Plays in	23%	23	The share of the plays you count that hold it now.
Analysts' upside	+31% · 14 analysts · capped: below 200-day	50	How 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' rating	2.0 · buy	50	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	loss	0	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	12.4×	74	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	1.52	45	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	4.8×	37	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	0.6×	99	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	4.9%	89	Dividends 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%	7	Revenue 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	−13%	7	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	−1%	15	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.73×	41	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−19% from its 1-year high	35	How 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	−11% vs 200-day	20	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	−19%	17	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	3/10 · moderate	70	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on CAR.UN

23 of the 100 plays hold CAR.UN right now.
The trend-following, breakout, momentum and pattern plays mostly say out.
It closed 11% below its 200-day average and 19% below its 52-week high.
Crash exposure reads moderate: it fell about 1.3× as far as its index in past crashes and operating profit covers interest only 2.2×.
Analysts' average 12-month target is C$40.78, 31% above the close (14 analysts).

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 in23 / 100Every play Be The Puck tests, in 7 families.

Crash exposureModerate3 of 10 on the storm test Mayer Multiple0.89×Price ÷ its 200-day average (−11%). Higher than on 7% 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 CAR.UN now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn CAR.UN: right 21 of 50 · Out since Aug 19, 2024 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn CAR.UN: right 18 of 43 · Out since Sep 25, 2025 Momentum12-1 MomentumOUT44% of 8,156 calls rightOn CAR.UN: right 13 of 31 · Out since Jul 31, 2025 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn CAR.UN: right 108 of 170 · Out since Oct 9, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn CAR.UN: right 30 of 44 · In since May 19, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn CAR.UN: right 83 of 166 · Out since Sep 23, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn CAR.UN: right 24 of 43 · Out since Apr 30, 2026

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.

CAR.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 CAR.UN lately

Its biggest move 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

Tue Sep 15−2.6% against the S&P/TSX2.4× a normal day

CAR.UN −2.9%, the S&P/TSX −0.3% that session; −3.0% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on CAR.UN was found for this session. Be The Puck's headline archive for CAR.UN starts Oct 2, 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 CAR.UN

All 100 plays, by family.

Trend following2 of 30 in Breakouts & channels0 of 15 in Momentum4 of 17 in Mean reversion9 of 15 in Volume & money flow4 of 9 in Candles & chart patterns0 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on CAR.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.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	OUT	Aug 25, 2026 −7.3%	Enter above C$31.57 (+1.4%)	25% 175/701	−0.3% / +8.5%	−51.5% / −41.1%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Jul 10, 2026 −10.0%	Enter above C$33.54 (+7.7%)	33% 36/109	+5.0% / +8.5%	−36.6% / −41.1%
Ripster EMA CloudRipster · daily	OUT	Jul 30, 2026 −10.0%	Enter above C$32.34 (+3.9%)	19% 79/413	0.0% / +8.5%	−49.8% / −41.1%
Trend TemplateMark Minervini · daily	OUT	Aug 4, 2023 −28.0%	Not on one close	19% 30/159	+0.6% / +8.6%	−29.8% / −41.1%
Stage AnalysisStan Weinstein · weekly	OUT	Sep 12, 2025 −22.1%	Enter above C$48.13 (+54.6%)	34% 24/71	+7.0% / +8.5%	−25.2% / −41.1%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Oct 4, 2024 −32.9%	Enter above C$38.70 (+24.3%)	25% 25/99	+3.7% / +8.5%	−40.3% / −41.1%
10-Month SMAMeb Faber · month-end	OUT	Sep 30, 2025 −20.4%	Enter above C$34.70 (+11.5%)	28% 7/25	+7.6% / +8.5%	−39.6% / −41.1%
200-Day RulePaul Tudor Jones · daily	OUT	Sep 18, 2025 −21.1%	Enter above C$34.81 (+11.8%)	20% 23/117	+7.9% / +8.5%	−38.3% / −41.1%
Golden CrossMarket tradition · daily	OUT	Oct 9, 2025 −18.4%	Not on one close	39% 9/23	+6.9% / +8.5%	−38.2% / −41.1%
Granville 200-DayJoseph E. Granville · daily	OUT	Oct 30, 2024 −27.0%	Enter above C$116.93 (+275.6%)	18% 14/80	+8.3% / +8.5%	−28.4% / −41.1%
Hull Moving AverageAlan Hull · weekly	OUT	Jul 31, 2026 −9.5%	Enter above C$33.08 (+6.3%)	34% 47/137	+3.2% / +8.5%	−47.9% / −41.1%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Aug 25, 2026 −7.3%	Enter above C$31.83 (+2.3%)	24% 197/819	−0.8% / +8.5%	−48.0% / −41.1%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Sep 30, 2026 −1.6%	Exit below C$29.26 (−6.0%)	35% 93/263	+1.7% / +8.5%	−46.5% / −41.1%
Seykota 15/150Ed Seykota · daily	OUT	Aug 22, 2025 −21.2%	Enter above C$94.73 (+204.3%)	30% 7/23	+7.8% / +8.5%	−43.1% / −41.1%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Jul 20, 2026 −9.5%	Enter above C$43.38 (+39.3%)	31% 41/131	+4.0% / +8.5%	−31.6% / −41.1%
Ichimoku CloudGoichi Hosoda · daily	OUT	Jul 17, 2026 −9.9%	Not on one close	34% 41/121	+5.1% / +8.5%	−24.1% / −41.1%
SupertrendOlivier Seban · daily	OUT	Aug 10, 2026 −6.9%	Enter above C$32.68 (+5.0%)	34% 50/145	+1.8% / +8.5%	−49.4% / −41.1%
Williams AlligatorBill Williams · daily	OUT	Jul 23, 2026 −9.1%	Not on one close	44% 136/311	+4.5% / +8.5%	−34.9% / −41.1%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Oct 7, 2026 +0.2%	Enter above C$32.27 (+3.7%)	37% 199/545	+2.1% / +8.5%	−37.4% / −41.1%
AroonTushar S. Chande · daily	OUT	Jul 29, 2026 −11.0%	Enter above C$32.65 (+4.9%)	40% 98/245	+2.1% / +8.5%	−42.0% / −41.1%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Oct 1, 2026 −0.6%	Enter above C$31.75 (+2.0%)	38% 186/490	+1.1% / +8.5%	−45.2% / −41.1%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Feb 12, 2026 −13.9%	Enter above C$32.19 (+3.4%)	30% 52/173	−0.5% / +8.5%	−46.7% / −41.1%
MACD Zero LineGerald Appel · daily	OUT	Jul 23, 2026 −9.1%	Enter above C$35.40 (+13.7%)	27% 54/197	+2.9% / +8.5%	−36.3% / −41.1%
Zweig 4% ModelMartin Zweig · weekly	OUT	Aug 7, 2026 −8.4%	Enter above C$32.40 (+4.1%)	32% 54/167	−0.2% / +8.5%	−52.2% / −41.1%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Jul 27, 2026 −8.3%	Enter above C$47.27 (+51.8%)	29% 69/235	+2.5% / +8.5%	−34.0% / −41.1%
Schaff Trend CycleDoug Schaff · daily	OUT	Jul 20, 2026 −9.5%	Enter above C$31.72 (+1.9%)	36% 93/255	−1.6% / +8.5%	−53.2% / −41.1%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Jun 29, 2026 −10.6%	Not on one close	32% 47/148	+3.1% / +8.5%	−50.8% / −41.1%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Jul 17, 2026 −9.9%	Enter above C$45.22 (+45.3%)	36% 33/91	+6.8% / +8.5%	−28.9% / −41.1%
Elder Triple ScreenAlexander Elder · daily	OUT	Jul 10, 2026 −10.0%	Enter above C$31.73 (+1.9%)	31% 59/190	−1.0% / +8.5%	−33.3% / −41.1%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Aug 19, 2024 −30.8%	Not on one close	42% 21/50	+1.9% / +8.5%	−21.6% / −41.1%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Jul 27, 2026 −8.3%	Enter above C$32.26 (+3.6%)	36% 44/123	+2.6% / +8.5%	−40.4% / −41.1%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Jan 27, 2026 −15.5%	Enter above C$35.17 (+13.0%)	30% 44/145	+2.1% / +8.5%	−31.5% / −41.1%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Jan 27, 2026 −15.5%	Enter above C$35.17 (+13.0%)	33% 33/101	+2.9% / +8.5%	−30.5% / −41.1%
Clenow TrendAndreas F. Clenow · daily	OUT	Aug 7, 2025 −23.7%	Enter above C$79.28 (+154.7%)	30% 30/99	+2.5% / +8.5%	−26.7% / −41.1%
Darvas BoxNicolas Darvas · daily	OUT	Feb 12, 2026 −13.9%	Not on one close	25% 32/129	−1.7% / +8.5%	−46.7% / −41.1%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Jan 26, 2026 −16.4%	Enter above C$32.95 (+5.8%)	27% 41/152	−1.0% / +8.5%	−49.2% / −41.1%
Bollinger BreakoutJohn Bollinger · daily	OUT	Jun 17, 2026 −9.4%	Enter above C$31.81 (+2.2%)	30% 73/240	−1.5% / +8.5%	−40.2% / −41.1%
Chandelier ExitChuck LeBeau · daily	OUT	Aug 10, 2026 −6.9%	Enter above C$32.26 (+3.6%)	34% 62/185	+1.7% / +8.5%	−31.6% / −41.1%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Aug 10, 2026 −6.9%	Enter above C$32.60 (+4.7%)	34% 60/175	+1.9% / +8.5%	−37.3% / −41.1%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Sep 25, 2025 −19.2%	Enter above C$36.03 (+15.7%)	42% 18/43	+6.8% / +8.5%	−34.1% / −41.1%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Jul 27, 2026 −8.3%	Enter above C$32.19 (+3.4%)	28% 95/345	+1.4% / +8.5%	−42.6% / −41.1%
Acceleration BandsPrice Headley · daily	OUT	Jan 14, 2026 −17.8%	Not on one close	25% 36/146	+1.2% / +8.5%	−22.0% / −41.1%
TTM SqueezeJohn F. Carter · daily	OUT	Jul 20, 2026 −9.5%	Enter above C$33.06 (+6.2%)	32% 49/154	−0.3% / +8.5%	−29.2% / −41.1%
NR7 BreakoutToby Crabel · daily	OUT	Sep 15, 2026 −0.6%	Enter above C$31.51 (+1.2%)	33% 220/661	+2.2% / +8.5%	−28.9% / −41.1%
Bollinger SqueezeJohn Bollinger · daily	OUT	Dec 6, 2024 −23.8%	Enter above C$31.81 (+2.2%)	32% 12/38	+2.7% / +8.5%	−11.1% / −41.1%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	OUT	Jul 31, 2025 −26.3%	Enter above C$38.56 (+23.9%)	20% 5/25	+6.5% / +8.5%	−53.6% / −41.1%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	OUT	Jul 31, 2025 −26.3%	Not on one close	42% 13/31	+7.8% / +8.5%	−46.6% / −41.1%
Dual MomentumGary Antonacci · month-end	OUT	Nov 30, 2021 −33.4%	Enter above C$42.88 (+37.7%)	41% 12/29	+6.8% / +8.5%	−38.2% / −41.1%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Mar 3, 2026 −15.0%	Not on one close	28% 38/135	+7.2% / +8.5%	−21.9% / −41.1%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Oct 31, 2024 −26.0%	Enter above C$36.68 (+17.8%)	36% 4/11	+7.6% / +8.5%	−46.4% / −41.1%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Jul 18, 2025 −27.4%	Enter above C$35.28 (+13.3%)	32% 42/133	+5.4% / +8.5%	−32.8% / −41.1%
MACD Signal CrossGerald Appel · daily	IN	Sep 23, 2026 −1.2%	Exit below C$30.27 (−2.8%)	33% 146/449	0.0% / +8.5%	−57.1% / −41.1%
Elder ImpulseAlexander Elder · daily	OUT	Oct 13, 2026 0.0%	Enter above C$31.38 (+0.8%)	30% 246/822	−0.4% / +8.5%	−41.7% / −41.1%
Know Sure ThingMartin J. Pring · daily	IN	Sep 29, 2026 −1.3%	Exit below C$28.21 (−9.4%)	39% 126/322	−0.2% / +8.5%	−47.3% / −41.1%
Coppock CurveEdwin S. C. Coppock · month-end	OUT	Jul 31, 2025 −26.3%	Enter above C$33.38 (+7.2%)	15% 3/20	+6.0% / +8.2%	−42.4% / −41.1%
CCI +100Donald R. Lambert · daily	OUT	Jul 8, 2026 −10.4%	Enter above C$31.87 (+2.4%)	25% 158/624	−2.0% / +8.5%	−47.4% / −41.1%
TRIX Signal CrossJack K. Hutson · daily	IN	Sep 30, 2026 −1.6%	Exit below C$26.50 (−14.9%)	34% 100/290	−0.9% / +8.5%	−48.4% / −41.1%
TSI Zero LineWilliam Blau · daily	OUT	Jul 23, 2026 −9.1%	Enter above C$35.59 (+14.3%)	28% 54/191	+3.2% / +8.5%	−33.1% / −41.1%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	May 29, 2026 −9.8%	Enter above C$32.87 (+5.6%)	40% 30/75	+6.3% / +8.5%	−44.6% / −41.1%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	OUT	Jul 31, 2025 −26.3%	Not on one close	33% 9/27	+4.8% / +7.3%	−46.6% / −41.1%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	OUT	Nov 29, 2024 −25.3%	Not on one close	44% 16/36	+7.4% / +8.5%	−40.5% / −41.1%
PMO Signal CrossCarl Swenlin · daily	IN	Sep 30, 2026 −1.6%	Exit below C$30.19 (−3.0%)	30% 114/385	−1.7% / +8.5%	−51.8% / −41.1%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Mar 23, 2026 −10.3%	Not on one close	54% 21/39	+5.3% / +8.5%	−33.5% / −41.1%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Aug 13, 2025 −22.8%	Not on one close	60% 213/357	+3.0% / +8.5%	−34.3% / −41.1%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Aug 28, 2025 −22.1%	Not on one close	65% 270/417	+5.6% / +8.5%	−42.9% / −41.1%
Bollinger ReversionJohn Bollinger · daily	OUT	Oct 9, 2026 −1.0%	Buy below C$31.00 (−0.4%)	64% 108/170	+3.8% / +8.5%	−31.4% / −41.1%
Stochastic 20/80George C. Lane · daily	IN	Aug 13, 2026 −7.2%	Not on one close	67% 125/187	+10.3% / +8.5%	−30.2% / −41.1%
Williams %RLarry Williams · daily	IN	Jul 21, 2026 −10.0%	Not on one close	62% 184/297	+8.6% / +8.5%	−29.5% / −41.1%
DeMark 9-CountTom DeMark · daily	IN	Jan 29, 2026 −15.8%	Not on one close	68% 52/77	+8.9% / +8.5%	−33.5% / −41.1%
Mayer MultipleTrace Mayer · daily	IN	Nov 22, 2004 +540.3%	Sell above C$84.14 (+170.3%)	–	+8.5% / +8.5%	−41.1% / −41.1%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Dec 19, 2007 +353.2%	Buy below C$29.88 (−4.0%)	75% 3/4	+2.1% / +8.5%	−0.1% / −41.1%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 30, 2026 −1.6%	Not on one close	44% 155/349	+2.5% / +8.5%	−38.8% / −41.1%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	OUT	Sep 23, 2026 −1.2%	Not on one close	58% 256/444	+8.5% / +8.5%	−25.1% / −41.1%
IBS ReversionAlexander S. Pagonidis · daily	IN	Oct 13, 2026 0.0%	Sell above C$31.13 (0.0%)	57% 994/1753	+2.1% / +8.5%	−42.8% / −41.1%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Sep 4, 2025 −23.4%	Not on one close	62% 62/100	+6.2% / +8.5%	−29.6% / −41.1%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 13, 2026 0.0%	Exit below C$31.42 (+0.9%)	37% 388/1057	+1.1% / +8.5%	−34.2% / −41.1%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Jul 31, 2026 −9.5%	Sell above C$32.29 (+3.7%)	55% 77/140	+6.2% / +8.5%	−41.8% / −41.1%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 5, 2026 −0.2%	Exit below C$31.13 (0.0%)	28% 193/695	−0.4% / +8.5%	−51.3% / −41.1%
Chaikin Money FlowMarc Chaikin · daily	OUT	Aug 31, 2026 −4.1%	Not on one close	41% 77/188	+2.0% / +8.5%	−41.0% / −41.1%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	May 19, 2026 −5.6%	Not on one close	68% 30/44	+3.7% / +8.5%	−29.8% / −41.1%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Oct 5, 2026 −0.2%	Exit below C$30.52 (−2.0%)	29% 56/194	+3.4% / +8.5%	−49.1% / −41.1%
Force IndexAlexander Elder · daily	OUT	Oct 1, 2026 −0.6%	Enter above C$31.52 (+1.2%)	31% 217/706	+2.5% / +8.5%	−48.0% / −41.1%
Buff AveragesBuff Dormeier · daily	OUT	Jul 20, 2026 −9.5%	Enter above C$32.21 (+3.5%)	36% 134/373	+0.3% / +8.5%	−56.1% / −41.1%
Chaikin OscillatorMarc Chaikin · daily	OUT	Sep 30, 2026 −1.6%	Not on one close	31% 186/594	−5.4% / +8.5%	−74.0% / −41.1%
Volume Flow IndicatorMarkos Katsanos · daily	OUT	Jun 18, 2026 −9.3%	Not on one close	26% 35/133	+2.0% / +8.5%	−60.1% / −41.1%
Klinger OscillatorStephen J. Klinger · daily	IN	Sep 21, 2026 −1.4%	Sell C$29.81–C$31.39 (+0.8%)	38% 329/873	+2.3% / +8.5%	−33.9% / −41.1%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Sep 23, 2026 −1.2%	Enter above C$31.61 (+1.5%)	50% 83/166	+6.8% / +8.5%	−38.2% / −41.1%
HikkakeDaniel L. Chesler · daily	OUT	Aug 6, 2026 −8.5%	Not on one close	29% 25/86	+1.6% / +8.5%	−39.5% / −41.1%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Aug 6, 2026 −8.5%	Not on one close	42% 21/50	+1.8% / +8.5%	−10.1% / −41.1%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 −13.3%	Buys Oct 30	56% 24/43	+7.2% / +8.5%	−38.2% / −41.1%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 22, 2026 −12.8%	Not on one close	58% 25/43	+6.4% / +8.5%	−38.2% / −41.1%
Seasonal TimingSy Harding · daily	OUT	Apr 29, 2026 −12.5%	Window opens Oct 16	53% 23/43	+6.3% / +8.5%	−38.2% / −41.1%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −16.2%	Buys Dec 23	45% 20/44	+2.8% / +8.5%	−8.1% / −41.1%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 −0.2%	Buys Oct 29	47% 248/526	+2.4% / +8.5%	−21.8% / −41.1%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −1.6%	Sells Jun 30	64% 7/11	+4.7% / +8.5%	−13.4% / −41.1%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −5.0%	Buys Nov 24	48% 185/386	+4.1% / +8.5%	−7.5% / −41.1%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 −14.2%	Not on one close	55% 11/20	+5.3% / +8.5%	−39.1% / −41.1%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	49% 1129/2284	+3.6% / +8.5%	−34.0% / −41.1%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −1.0%	Buys Oct 27	46% 160/348	+2.4% / +8.5%	−8.7% / −41.1%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −0.1%	Sells Oct 16	49% 265/541	+1.8% / +8.5%	−54.6% / −41.1%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+8.5%	−41.1%

If the market cracks: the storm test

How the storm test works

ExposureModerate3 of 10 points

Market swings0/3
Past crashes1/2
Debt2/3
Run-up0/2

It fell about 1.3× as far as its index in past crashes.
It operating profit covers interest only 2.2×.

Past crashes, peak to low

Financial crisis Oct 2007 to Dec 2008 · back to its old high Jun 2010

CAR.UN−34%

TSX−47%

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

CAR.UN−36%

TSX−37%

2022 bear market Jan 2022 to Oct 2022 · back to its old high Sep 2024

CAR.UN−32%

TSX−14%

Beta0.82Moves about 0.8× as much as the TSX week to week.
Downside capture85%In months the TSX fell, this fell 85% as much on average.
Two-year change−32%
From 52-week high−19%
Debt to equity0.70×
Net debt / EBITDA10.3×Years of operating cash earnings it would take to pay off its debt.
Interest cover2.2×

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 - Residential · Canadian Apartment Properties Real Estate Investment Trust is Canada's largest publicly traded provider of quality rental housing. As at June 30, 2026, CAPREIT owns approximately 45,400 residential apartment suites and townhomes (excluding approximately 100 suites classified as assets held for sale), that are well-located across Canada and, to a lesser extent, the Netherlands, with a total fair value of approximately 14.4 billion dollars (excluding approximately 21.6 million dollars of assets held for sale).

Size and valuation
Market cap	C$4.7B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$990M	Total sales. The market values it at 4.8× sales.
P/E ratio	n/a	Lost money over the last year, so there is no profit to divide by.
Forward P/E	12.4×	Price against analysts' estimate of next year's profit.
Price to book	0.6×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	−13.3%	Spends more than it brings in.
Revenue growth	−3.2%	Last quarter's sales against the same quarter a year earlier.
Return on equity	−1.1%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	C$629M	Cash left after running and investing in the business.

Balance sheet
Total equity	C$8.8B	What it owns minus what it owes.
Total debt	C$6.1B	Loans and bonds it has to pay back, with interest.
Cash	C$34.7M	Cash and short-term investments on hand.
Debt to equity	0.70×	Moderate.
Interest cover	2.2×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$40.78	31% above the close, from 14 analysts (range C$35.00 to C$45.00).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	4.94%	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.

Reports for Be The Puck Members.

CAR.UN: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Real estate: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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