Oct 13 close Sign in

Real estate

Dream Industrial REIT (DIR.UN)

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

Your signal

Hold44 / 100

Hold: 44 is between your Sell line (40) and Buy line (60). Off the high (−13% from its 1-year high) scores 58 and lifts it; Trend (−3% vs 200-day) scores 33 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 weightDIR.UNPointsWeightAdds
Plays in41%414016.4
Off the high−13% from its 1-year high583017.4
Trend−3% vs 200-day33309.9
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 DIR.UN
FactorDIR.UNPointsWhat it is
Plays in41%41The share of the plays you count that hold it now.
Analysts' upside+26% · 10 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' rating1.5 · buy75The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E22.0×58Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E11.3×79Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG––P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales6.8×24Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book0.8×97Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield5.7%92Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth−35%15Earnings 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. Source: Yahoo Finance.
Revenue growth+11%42Revenue 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 margin30%83Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity4%25Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity0.64×43Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−13% from its 1-year high58How 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−3% vs 200-day33How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum+12%47The price change over the last 12 months. Higher ranks higher.
Low crash exposure5/10 · high50The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on DIR.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 in41 / 100Every play Be The Puck tests, in 7 families.
Crash exposureHigh5 of 10 on the storm testMayer Multiple0.97×Price ÷ its 200-day average (−3%). Higher than on 22% of days since 2013. 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 DIR.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.

DIR.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 DIR.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

Mon Sep 28+1.3% against the S&P/TSX1.0× a normal day

DIR.UN +0.5%, the S&P/TSX −0.9% that session; +0.0% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on DIR.UN was found for this session. Be The Puck's headline archive for DIR.UN starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.9%. The 18 other Real estate stocks Be The Puck covers moved +0.0% on average, so most of the move was its own.

Tue Sep 15−1.7% against the S&P/TSX1.3× a normal day

DIR.UN −2.1%, the S&P/TSX −0.3% that session; −3.4% against the S&P/TSX over five sessions.

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

All 100 plays, by family.

Calls right: how often the play's calls on DIR.UN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2012. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTAug 6, 2026 −8.0%Enter above C$12.80 (+0.4%)26% 100/391+5.4% / +8.0%−23.8% / −51.0%
Bull Market Support BandBenjamin Cowen · weeklyOUTAug 28, 2026 −6.4%Enter above C$13.65 (+7.1%)32% 19/60+9.4% / +9.6%−20.4% / −51.0%
Ripster EMA CloudRipster · dailyOUTAug 6, 2026 −8.0%Enter above C$13.13 (+3.0%)27% 51/186+10.0% / +8.0%−24.0% / −51.0%
Trend TemplateMark Minervini · dailyOUTAug 4, 2026 −7.3%Enter above C$26.10 (+104.7%)16% 12/74+3.9% / +10.0%−14.7% / −51.0%
Stage AnalysisStan Weinstein · weeklyOUTSep 4, 2026 −3.9%Enter above C$13.53 (+6.1%)31% 11/36+4.9% / +8.6%−35.2% / −51.0%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTAug 7, 2026 −8.7%Enter above C$14.19 (+11.3%)27% 19/70+2.6% / +9.9%−37.5% / −51.0%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 0.0%Enter above C$13.21 (+3.6%)33% 8/24+3.9% / +10.0%−51.0% / −51.0%
200-Day RulePaul Tudor Jones · dailyOUTSep 10, 2026 −0.8%Enter above C$13.21 (+3.6%)18% 17/94+7.4% / +9.4%−21.2% / −51.0%
Golden CrossMarket tradition · dailyINJul 29, 2025 +15.2%Exit below C$11.19 (−12.2%)21% 4/19+5.5% / +9.4%−51.0% / −51.0%
Granville 200-DayJoseph E. Granville · dailyOUTSep 10, 2026 −0.8%Enter above C$13.21 (+3.6%)13% 9/68+3.9% / +10.0%−24.4% / −51.0%
Hull Moving AverageAlan Hull · weeklyOUTAug 14, 2026 −8.0%Enter above C$13.55 (+6.3%)37% 31/83+6.9% / +7.9%−24.0% / −51.0%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTSep 29, 2026 −0.4%Enter above C$12.78 (+0.2%)24% 124/510+3.8% / +8.1%−23.8% / −51.0%
TEMA CrossoverPatrick G. Mulloy · dailyINSep 30, 2026 0.0%Exit below C$11.20 (−12.1%)34% 56/166+5.4% / +8.2%−25.9% / −51.0%
Seykota 15/150Ed Seykota · dailyINJul 23, 2025 +14.6%Exit below C$10.66 (−16.4%)16% 3/19+3.5% / +10.4%−45.9% / −51.0%
Guppy Multiple MAsDaryl Guppy · dailyOUTAug 10, 2026 −7.6%Enter above C$17.61 (+38.1%)33% 24/72+8.2% / +8.1%−23.5% / −51.0%
Ichimoku CloudGoichi Hosoda · dailyOUTAug 21, 2026 −7.4%Not on one close34% 22/65+10.3% / +7.5%−18.7% / −51.0%
SupertrendOlivier Seban · dailyOUTAug 4, 2026 −7.3%Enter above C$13.21 (+3.6%)47% 37/79+11.0% / +7.9%−25.9% / −51.0%
Williams AlligatorBill Williams · dailyOUTAug 7, 2026 −8.7%Not on one close40% 73/181+6.5% / +7.9%−20.1% / −51.0%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINOct 8, 2026 +0.9%Exit below C$12.61 (−1.1%)38% 136/360+6.2% / +7.8%−34.8% / −51.0%
AroonTushar S. Chande · dailyOUTAug 4, 2026 −7.3%Enter above C$13.25 (+3.9%)41% 54/133+8.7% / +8.0%−22.2% / −51.0%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTOct 1, 2026 +0.6%Enter above C$12.84 (+0.7%)37% 114/310+3.2% / +7.7%−23.4% / −51.0%
ADX TrendJ. Welles Wilder Jr. · dailyOUTAug 4, 2026 −7.3%Enter above C$13.15 (+3.1%)35% 38/108+3.0% / +8.0%−12.3% / −51.0%
MACD Zero LineGerald Appel · dailyOUTAug 7, 2026 −8.7%Enter above C$14.50 (+13.7%)32% 33/103+6.4% / +7.8%−27.0% / −51.0%
Zweig 4% ModelMartin Zweig · weeklyOUTAug 14, 2026 −8.0%Enter above C$13.15 (+3.1%)38% 30/78+8.1% / +7.9%−38.1% / −51.0%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTAug 6, 2026 −8.0%Enter above C$16.69 (+30.9%)37% 48/129+8.7% / +7.8%−26.4% / −51.0%
Schaff Trend CycleDoug Schaff · dailyINSep 28, 2026 −0.6%Exit below C$12.41 (−2.7%)33% 49/148+2.0% / +8.2%−30.4% / −51.0%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTAug 7, 2026 −8.7%Enter above C$14.41 (+13.1%)37% 29/78+6.7% / +8.0%−26.2% / −51.0%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTAug 26, 2026 −6.3%Enter above C$18.65 (+46.3%)36% 21/59+9.4% / +8.0%−19.9% / −51.0%
Elder Triple ScreenAlexander Elder · dailyOUTJul 3, 2026 −9.7%Not on one close34% 39/114+5.0% / +8.8%−15.5% / −51.0%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTMar 6, 2026 +4.6%Not on one close50% 9/18+2.1% / +7.8%−6.2% / −51.0%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTAug 4, 2026 −7.3%Enter above C$12.98 (+1.8%)42% 30/72+9.7% / +7.9%−24.2% / −51.0%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTAug 4, 2026 −7.3%Enter above C$14.29 (+12.1%)34% 28/82+5.5% / +7.9%−17.9% / −51.0%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTAug 4, 2026 −7.3%Enter above C$14.66 (+15.0%)34% 19/56+7.0% / +7.9%−13.9% / −51.0%
Clenow TrendAndreas F. Clenow · dailyOUTAug 4, 2026 −7.3%Enter above C$21.34 (+67.4%)37% 17/46+7.3% / +8.0%−14.3% / −51.0%
Darvas BoxNicolas Darvas · dailyOUTAug 4, 2026 −7.3%Enter above C$13.77 (+8.0%)38% 25/66+7.0% / +7.9%−26.2% / −51.0%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTMay 15, 2026 −5.0%Enter above C$13.36 (+4.8%)37% 31/84+4.7% / +8.1%−14.5% / −51.0%
Bollinger BreakoutJohn Bollinger · dailyOUTJul 30, 2026 −10.7%Enter above C$12.86 (+0.9%)34% 45/134+3.9% / +7.8%−17.4% / −51.0%
Chandelier ExitChuck LeBeau · dailyOUTAug 4, 2026 −7.3%Enter above C$13.04 (+2.3%)45% 45/100+8.0% / +7.9%−22.1% / −51.0%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTAug 4, 2026 −7.3%Enter above C$13.16 (+3.2%)41% 38/93+8.3% / +7.9%−24.2% / −51.0%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyINApr 16, 2025 +34.6%Exit below C$11.65 (−8.6%)46% 11/24+8.8% / +7.7%−35.9% / −51.0%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTAug 4, 2026 −7.3%Enter above C$13.00 (+1.9%)29% 55/192+4.9% / +8.1%−23.5% / −51.0%
Acceleration BandsPrice Headley · dailyOUTApr 22, 2026 −4.1%Not on one close35% 37/106+2.7% / +7.9%−9.0% / −51.0%
TTM SqueezeJohn F. Carter · dailyOUTJul 23, 2026 −10.6%Enter above C$13.42 (+5.2%)27% 28/102+1.9% / +8.1%−14.7% / −51.0%
NR7 BreakoutToby Crabel · dailyINOct 7, 2026 +0.3%Exit below C$12.57 (−1.4%)32% 136/420+4.4% / +7.8%−35.7% / −51.0%
Bollinger SqueezeJohn Bollinger · dailyOUTSep 25, 2025 +9.8%Enter above C$12.86 (+0.9%)35% 7/20+2.1% / +8.1%−6.8% / −51.0%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endINDec 31, 2025 +5.4%Exit below C$11.94 (−6.3%)7% 1/15+1.7% / +9.8%−51.0% / −51.0%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINNov 28, 2025 +6.9%Not on one close20% 3/15+2.4% / +9.8%−51.0% / −51.0%
Dual MomentumGary Antonacci · month-endOUTAug 31, 2026 −5.7%Enter above C$13.28 (+4.1%)20% 4/20−0.1% / +9.8%−51.0% / −51.0%
Stocks on the MoveAndreas F. Clenow · dailyOUTAug 26, 2026 −6.3%Not on one close22% 17/77+7.9% / +7.9%−17.2% / −51.0%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endINOct 31, 2025 +10.7%Exit below C$12.42 (−2.6%)18% 2/11+2.3% / +9.9%−51.0% / −51.0%
Levy Relative StrengthRobert A. Levy · weeklyOUTAug 7, 2026 −8.7%Enter above C$14.19 (+11.3%)35% 33/94+6.9% / +8.2%−14.9% / −51.0%
MACD Signal CrossGerald Appel · dailyINSep 25, 2026 −0.2%Exit below C$12.02 (−5.7%)32% 91/284+5.0% / +7.8%−27.0% / −51.0%
Elder ImpulseAlexander Elder · dailyINOct 13, 2026 0.0%Exit below C$12.71 (−0.4%)29% 137/474+4.6% / +7.8%−22.9% / −51.0%
Know Sure ThingMartin J. Pring · dailyINSep 29, 2026 −0.4%Exit below C$10.80 (−15.3%)41% 77/186+5.7% / +8.1%−29.0% / −51.0%
Coppock CurveEdwin S. C. Coppock · month-endINAug 29, 2025 +10.2%Not on one close18% 2/11+3.6% / +9.6%−51.0% / −51.0%
CCI +100Donald R. Lambert · dailyOUTJul 23, 2026 −10.6%Enter above C$12.77 (+0.1%)26% 100/392+1.7% / +7.9%−22.0% / −51.0%
TRIX Signal CrossJack K. Hutson · dailyINOct 1, 2026 +0.6%Exit below C$9.73 (−23.7%)42% 66/157+5.9% / +8.0%−27.3% / −51.0%
TSI Zero LineWilliam Blau · dailyOUTAug 10, 2026 −7.6%Enter above C$14.59 (+14.5%)33% 34/102+6.3% / +8.0%−28.1% / −51.0%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTAug 31, 2026 −5.7%Enter above C$13.03 (+2.2%)40% 17/43+9.3% / +9.8%−16.7% / −51.0%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINNov 28, 2025 +6.9%Not on one close23% 3/13+3.8% / +11.0%−51.0% / −51.0%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyINNov 28, 2025 +6.9%Not on one close24% 4/17+2.4% / +9.8%−51.0% / −51.0%
PMO Signal CrossCarl Swenlin · dailyINSep 30, 2026 0.0%Exit below C$12.01 (−5.8%)31% 62/202+6.5% / +8.2%−25.0% / −51.0%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyINSep 11, 2026 −2.2%Not on one close53% 10/19+0.2% / +7.8%−48.6% / −51.0%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 21, 2026 +0.5%Not on one close54% 89/166+2.0% / +9.4%−12.5% / −51.0%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 25, 2026 −0.2%Not on one close65% 156/240+2.0% / +9.4%−50.5% / −51.0%
Bollinger ReversionJohn Bollinger · dailyOUTOct 9, 2026 +0.3%Buy below C$12.51 (−1.9%)61% 74/122−0.3% / +7.8%−48.6% / −51.0%
Stochastic 20/80George C. Lane · dailyINAug 13, 2026 −8.0%Not on one close63% 56/89+3.9% / +7.7%−32.2% / −51.0%
Williams %RLarry Williams · dailyINAug 5, 2026 −10.7%Not on one close60% 109/181+6.1% / +7.8%−49.8% / −51.0%
DeMark 9-CountTom DeMark · dailyINMar 10, 2026 +3.7%Not on one close59% 24/41+1.6% / +7.9%−48.6% / −51.0%
Mayer MultipleTrace Mayer · dailyINJul 22, 2013 +222.3%Sell above C$31.92 (+150.3%)–+9.4% / +9.4%−51.0% / −51.0%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTApr 9, 2025 +33.4%Buy below C$10.01 (−21.5%)83% 5/6+2.7% / +8.2%−0.2% / −51.0%
Laguerre RSIJohn F. Ehlers · dailyINAug 5, 2026 −10.7%Not on one close47% 89/191+4.6% / +8.1%−43.8% / −51.0%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTSep 23, 2026 +0.5%Not on one close57% 165/287+4.1% / +8.1%−52.5% / −51.0%
IBS ReversionAlexander S. Pagonidis · dailyOUTSep 17, 2026 +1.2%Buy below C$12.75 (0.0%)59% 661/1114+3.4% / +7.9%−25.9% / −51.0%
Connors %bLarry Connors & Cesar Alvarez · dailyINAug 10, 2026 −7.6%Sell above C$12.78 (+0.3%)57% 29/51+1.8% / +9.4%−48.6% / −51.0%
Fisher TransformJohn F. Ehlers · dailyINOct 8, 2026 +0.9%Exit below C$12.47 (−2.2%)38% 249/662+8.5% / +7.8%−24.1% / −51.0%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINAug 31, 2026 −5.7%Sell above C$13.01 (+2.0%)54% 41/76+1.8% / +8.1%−48.6% / −51.0%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINOct 9, 2026 +0.3%Exit below C$12.75 (0.0%)26% 116/444+6.9% / +7.8%−26.2% / −51.0%
Chaikin Money FlowMarc Chaikin · dailyINSep 21, 2026 +0.5%Not on one close41% 57/138+5.0% / +7.9%−19.8% / −51.0%
Money Flow IndexGene Quong & Avrum Soudack · dailyINSep 11, 2026 −2.2%Not on one close61% 14/23+2.0% / +7.8%−28.9% / −51.0%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTAug 6, 2026 −8.0%Not on one close32% 30/95+5.9% / +10.1%−42.0% / −51.0%
Force IndexAlexander Elder · dailyINOct 9, 2026 +0.3%Exit below C$12.71 (−0.3%)28% 119/422+5.5% / +8.0%−21.6% / −51.0%
Buff AveragesBuff Dormeier · dailyINOct 13, 2026 0.0%Exit below C$12.57 (−1.4%)33% 76/230+4.6% / +7.8%−24.5% / −51.0%
Chaikin OscillatorMarc Chaikin · dailyINSep 18, 2026 +0.9%Not on one close36% 127/355+1.7% / +7.9%−43.7% / −51.0%
Volume Flow IndicatorMarkos Katsanos · dailyINSep 25, 2026 −0.2%Not on one close41% 30/73+8.6% / +9.8%−51.0% / −51.0%
Klinger OscillatorStephen J. Klinger · dailyINSep 25, 2026 −0.2%Not on one close35% 194/558+2.0% / +7.9%−29.0% / −51.0%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINOct 6, 2026 +0.8%Not on one close54% 55/101+4.5% / +7.9%−48.6% / −51.0%
HikkakeDaniel L. Chesler · dailyINSep 22, 2026 +0.1%Exit below C$12.46 (−2.3%)41% 17/41+4.8% / +7.7%−19.1% / −51.0%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTAug 13, 2026 −8.0%Not on one close43% 20/46+1.4% / +7.9%−14.8% / −51.0%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −4.8%Buys Oct 3054% 15/28+6.9% / +7.9%−51.0% / −51.0%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 27, 2026 −5.2%Not on one close54% 15/28+5.8% / +7.8%−51.0% / −51.0%
Seasonal TimingSy Harding · dailyOUTApr 30, 2026 −4.8%Window opens Oct 1656% 15/27+5.8% / +7.8%−51.0% / −51.0%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 +3.0%Buys Dec 2357% 16/28+3.1% / +7.9%−4.8% / −51.0%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 +1.9%Buys Oct 2950% 168/336+2.7% / +7.9%−20.9% / −51.0%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 0.0%Sells Jun 3043% 3/7+4.9% / +7.9%−15.7% / −51.0%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −3.9%Buys Nov 2451% 128/252+3.6% / +7.9%−7.9% / −51.0%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +33.8%Not on one close50% 6/12+6.1% / +7.7%−31.4% / −51.0%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1649% 720/1463+4.5% / +7.9%−38.9% / −51.0%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +1.3%Buys Oct 2743% 95/222+1.2% / +7.9%−10.9% / −51.0%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +0.6%Sells Oct 1646% 161/347+0.9% / +7.9%−45.8% / −51.0%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINOct 4, 2012Always in–+7.9%−51.0%

If the market cracks: the storm test

How the storm test works
ExposureHigh5 of 10 points
  • Market swings1/3
  • Past crashes2/2
  • Debt2/3
  • Run-up0/2
  • It fell about 2.0× as far as its index in past crashes.
  • It operating profit covers interest only 2.9×.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Dec 2020

DIR.UN−50%
TSX−37%

2022 bear market Jan 2022 to Oct 2022 · back to its old high Apr 2026

DIR.UN−37%
TSX−14%
  • Beta1.04Moves about 1.0× as much as the TSX week to week.
  • Downside capture162%In months the TSX fell, this fell 162% as much on average.
  • Two-year change+6%
  • From 52-week high−13%
  • Debt to equity0.63×
  • Net debt / EBITDA8.1×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover2.9×

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 - Industrial · Dream Industrial Real Estate Investment Trust is the owner, manager, and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2026, Dream Industrial REIT has an interest in and manages a portfolio which comprises 348 industrial assets (565 buildings) totaling approximately 75.7 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S.

Size and valuation
Market capC$3.8BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)C$554MTotal sales. The market values it at 6.8× sales.
P/E ratio22.0×Buyers pay C$22 for each C$1 of the last year's profit.
Forward P/E11.3×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book0.8×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin30.4%Keeps 30¢ of each dollar of sales as profit.
Revenue growth+11.3%Last quarter's sales against the same quarter a year earlier.
Earnings growth−35.3%Same comparison for profit.
Return on equity3.5%Yearly profit as a share of shareholders' money in the business.
Free cash flowC$118MCash left after running and investing in the business.
Balance sheet
Total equityC$4.8BWhat it owns minus what it owes.
Total debtC$3.0BLoans and bonds it has to pay back, with interest.
CashC$198MCash and short-term investments on hand.
Debt to equity0.63×Moderate.
Interest cover2.9×Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.
Wall Street
Average analyst targetC$16.0726% above the close, from 10 analysts (range C$15.00 to C$16.75).
Consensus ratingStrong buyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield5.65%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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