Oct 13 close Sign in

Real estate

Granite REIT (GRT.UN)

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

Your signal

Sell37 / 100

Sell: 37 is at or below your Sell line of 40. Off the high (−15% from its 1-year high) scores 50 and lifts it; Trend (−5% vs 200-day) scores 29 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 weightGRT.UNPointsWeightAdds
Plays in34%344013.6
Off the high−15% from its 1-year high503015.0
Trend−5% vs 200-day29308.7
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 GRT.UN
FactorGRT.UNPointsWhat it is
Plays in34%34The 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/E14.0×84Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E12.6×73Price 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 sales8.1×20Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book0.9×94Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield4.2%83Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth−27%16Earnings 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+10%39Revenue 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 margin57%96Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity7%32Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity0.55×48Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−15% from its 1-year high50How 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−5% vs 200-day29How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum+14%50The 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 GRT.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 in34 / 100Every play Be The Puck tests, in 7 families.
Crash exposureHigh5 of 10 on the storm testMayer Multiple0.95×Price ÷ its 200-day average (−5%). Higher than on 16% 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 GRT.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.

GRT.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 GRT.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

Fri Sep 25+2.2% against the S&P/TSX1.6× a normal day

GRT.UN +2.4%, the S&P/TSX +0.3% that session; +3.1% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on GRT.UN was found for this session. Be The Puck's headline archive for GRT.UN starts Oct 1, 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 +0.8% on average, so most of the move was its own.

Tue Sep 15−2.2% against the S&P/TSX1.6× a normal day

GRT.UN −2.5%, the S&P/TSX −0.3% that session; −2.4% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on GRT.UN was found for this session. Be The Puck's headline archive for GRT.UN starts Oct 1, 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.

Thu Sep 10−2.0% against the S&P/TSX1.5× a normal day

GRT.UN −3.1%, the S&P/TSX −1.1% that session; −3.8% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on GRT.UN was found for this session. Be The Puck's headline archive for GRT.UN starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 18 other Real estate stocks Be The Puck covers moved −1.7% 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 GRT.UN

All 100 plays, by family.

Calls right: how often the play's calls on GRT.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 · dailyOUTJul 30, 2026 −12.3%Enter above C$84.40 (+0.8%)23% 150/655+4.8% / +8.1%−34.5% / −87.9%
Bull Market Support BandBenjamin Cowen · weeklyOUTAug 7, 2026 −8.4%Enter above C$90.85 (+8.5%)30% 28/93+10.2% / +8.2%−29.0% / −87.9%
Ripster EMA CloudRipster · dailyOUTAug 4, 2026 −8.9%Enter above C$86.70 (+3.6%)22% 81/366+8.7% / +8.4%−31.2% / −87.9%
Trend TemplateMark Minervini · dailyOUTAug 4, 2026 −8.9%Enter above C$303.39 (+262.4%)17% 20/116+5.9% / +8.2%−15.5% / −87.9%
Stage AnalysisStan Weinstein · weeklyOUTAug 21, 2026 −5.2%Enter above C$90.37 (+7.9%)25% 18/71+8.7% / +8.0%−25.9% / −87.9%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTAug 7, 2026 −8.4%Enter above C$94.38 (+12.7%)31% 34/110+6.9% / +8.2%−29.0% / −87.9%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 −1.4%Enter above C$89.43 (+6.8%)28% 11/39+8.8% / +8.2%−44.9% / −87.9%
200-Day RulePaul Tudor Jones · dailyOUTSep 9, 2026 −3.8%Enter above C$88.45 (+5.7%)13% 20/149+8.8% / +8.2%−30.0% / −87.9%
Golden CrossMarket tradition · dailyOUTOct 5, 2026 −0.3%Enter above C$198.73 (+137.4%)32% 10/31+9.4% / +8.2%−44.9% / −87.9%
Granville 200-DayJoseph E. Granville · dailyOUTSep 9, 2026 −3.8%Enter above C$88.45 (+5.7%)13% 15/114+7.4% / +8.6%−26.9% / −87.9%
Hull Moving AverageAlan Hull · weeklyOUTAug 7, 2026 −8.4%Enter above C$86.89 (+3.8%)28% 40/142+5.8% / +8.4%−46.7% / −87.9%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTOct 1, 2026 −0.3%Enter above C$84.35 (+0.8%)24% 190/788+6.6% / +8.1%−43.0% / −87.9%
TEMA CrossoverPatrick G. Mulloy · dailyINSep 25, 2026 −1.2%Exit below C$70.81 (−15.4%)38% 96/252+2.7% / +8.3%−70.0% / −87.9%
Seykota 15/150Ed Seykota · dailyINJun 19, 2025 +28.5%Exit below C$65.77 (−21.4%)15% 4/26+6.7% / +8.4%−45.8% / −87.9%
Guppy Multiple MAsDaryl Guppy · dailyOUTAug 5, 2026 −9.7%Enter above C$118.18 (+41.2%)28% 38/136+7.5% / +8.3%−31.9% / −87.9%
Ichimoku CloudGoichi Hosoda · dailyOUTAug 4, 2026 −8.9%Enter above C$93.42 (+11.6%)31% 34/108+8.5% / +7.9%−29.2% / −87.9%
SupertrendOlivier Seban · dailyOUTAug 4, 2026 −8.9%Enter above C$87.32 (+4.3%)42% 61/145+10.6% / +8.5%−34.7% / −87.9%
Williams AlligatorBill Williams · dailyOUTAug 6, 2026 −8.3%Not on one close38% 129/341+3.4% / +8.5%−51.4% / −87.9%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINOct 13, 2026 0.0%Exit below C$81.63 (−2.5%)37% 213/572+6.8% / +8.5%−50.0% / −87.9%
AroonTushar S. Chande · dailyOUTAug 4, 2026 −8.9%Enter above C$88.33 (+5.5%)34% 76/223+6.7% / +8.5%−51.0% / −87.9%
Parabolic SARJ. Welles Wilder Jr. · dailyINSep 28, 2026 −1.7%Exit below C$82.04 (−2.0%)38% 187/498+10.5% / +8.5%−49.5% / −87.9%
ADX TrendJ. Welles Wilder Jr. · dailyOUTJul 29, 2026 −13.7%Enter above C$86.52 (+3.3%)37% 61/167+4.6% / +8.5%−42.3% / −87.9%
MACD Zero LineGerald Appel · dailyOUTAug 5, 2026 −9.7%Enter above C$94.75 (+13.2%)29% 53/185+9.9% / +8.0%−27.0% / −87.9%
Zweig 4% ModelMartin Zweig · weeklyOUTAug 7, 2026 −8.4%Enter above C$86.93 (+3.8%)37% 54/145+8.7% / +8.5%−51.4% / −87.9%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTAug 6, 2026 −8.3%Enter above C$119.60 (+42.9%)33% 72/221+8.7% / +8.0%−35.2% / −87.9%
Schaff Trend CycleDoug Schaff · dailyINSep 28, 2026 −1.7%Not on one close40% 86/215+11.8% / +8.3%−44.3% / −87.9%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTAug 4, 2026 −8.9%Enter above C$94.64 (+13.0%)34% 45/132+11.5% / +8.4%−26.7% / −87.9%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTAug 11, 2026 −6.7%Enter above C$125.10 (+49.4%)25% 25/100+7.5% / +8.4%−38.8% / −87.9%
Elder Triple ScreenAlexander Elder · dailyINOct 6, 2026 −0.7%Exit below C$82.65 (−1.3%)36% 63/175+4.1% / +8.2%−43.1% / −87.9%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTFeb 27, 2026 −6.9%Not on one close43% 26/60+1.4% / +8.0%−12.0% / −87.9%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTAug 4, 2026 −8.9%Enter above C$85.62 (+2.3%)37% 46/124+7.6% / +8.5%−28.4% / −87.9%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTAug 4, 2026 −8.9%Enter above C$96.24 (+15.0%)29% 41/140+4.7% / +8.0%−24.5% / −87.9%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTAug 4, 2026 −8.9%Enter above C$98.96 (+18.2%)31% 27/88+6.5% / +8.0%−22.9% / −87.9%
Clenow TrendAndreas F. Clenow · dailyOUTAug 4, 2026 −8.9%Enter above C$162.30 (+93.9%)29% 27/94+6.6% / +8.4%−20.6% / −87.9%
Darvas BoxNicolas Darvas · dailyOUTAug 4, 2026 −8.9%Enter above C$85.62 (+2.3%)32% 35/108+4.1% / +8.5%−54.6% / −87.9%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTMay 13, 2026 −5.0%Enter above C$88.49 (+5.7%)37% 46/126+7.7% / +8.1%−17.1% / −87.9%
Bollinger BreakoutJohn Bollinger · dailyOUTJul 23, 2026 −13.2%Enter above C$85.51 (+2.1%)30% 61/206+6.9% / +8.5%−24.6% / −87.9%
Chandelier ExitChuck LeBeau · dailyOUTAug 4, 2026 −8.9%Enter above C$85.26 (+1.8%)40% 72/178+10.1% / +8.5%−24.9% / −87.9%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTAug 4, 2026 −8.9%Enter above C$86.53 (+3.4%)44% 64/147+12.7% / +8.5%−24.0% / −87.9%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTAug 6, 2026 −8.3%Enter above C$100.89 (+20.5%)42% 18/43+11.6% / +8.2%−57.1% / −87.9%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTAug 4, 2026 −8.9%Enter above C$85.74 (+2.4%)28% 85/302+8.5% / +8.6%−32.8% / −87.9%
Acceleration BandsPrice Headley · dailyOUTApr 21, 2026 −6.1%Not on one close26% 46/174+3.7% / +8.5%−22.3% / −87.9%
TTM SqueezeJohn F. Carter · dailyOUTJul 21, 2026 −15.0%Enter above C$88.46 (+5.7%)28% 38/138+3.5% / +8.1%−16.7% / −87.9%
NR7 BreakoutToby Crabel · dailyOUTOct 7, 2026 +0.9%Enter above C$83.92 (+0.2%)33% 240/724+8.8% / +8.5%−30.5% / −87.9%
Bollinger SqueezeJohn Bollinger · dailyOUTJan 28, 2026 +0.5%Enter above C$85.51 (+2.1%)22% 9/40+3.4% / +8.3%−11.5% / −87.9%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endINOct 31, 2025 +10.2%Exit below C$78.77 (−5.9%)18% 5/28+8.3% / +8.3%−44.9% / −87.9%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINSep 30, 2025 +12.7%Not on one close36% 10/28+7.7% / +8.3%−44.9% / −87.9%
Dual MomentumGary Antonacci · month-endOUTAug 31, 2026 −5.2%Enter above C$87.58 (+4.6%)29% 12/41+6.2% / +8.3%−44.9% / −87.9%
Stocks on the MoveAndreas F. Clenow · dailyOUTAug 10, 2026 −6.8%Not on one close19% 32/166+3.6% / +8.5%−26.2% / −87.9%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endINAug 29, 2025 +11.8%Exit below C$83.84 (+0.1%)25% 3/12+8.8% / +8.1%−44.9% / −87.9%
Levy Relative StrengthRobert A. Levy · weeklyOUTAug 7, 2026 −8.4%Enter above C$94.78 (+13.2%)32% 47/147+7.1% / +8.3%−28.1% / −87.9%
MACD Signal CrossGerald Appel · dailyINSep 25, 2026 −1.2%Exit below C$80.11 (−4.3%)30% 132/441+4.8% / +8.0%−66.8% / −87.9%
Elder ImpulseAlexander Elder · dailyOUTOct 7, 2026 +0.9%Enter above C$83.91 (+0.2%)26% 206/778+3.9% / +8.0%−38.2% / −87.9%
Know Sure ThingMartin J. Pring · dailyINSep 28, 2026 −1.7%Exit below C$70.63 (−15.6%)39% 112/290+5.8% / +7.9%−72.7% / −87.9%
Coppock CurveEdwin S. C. Coppock · month-endINJul 31, 2024 +24.1%Not on one close62% 8/13+13.3% / +8.3%−49.8% / −87.9%
CCI +100Donald R. Lambert · dailyOUTJul 22, 2026 −13.7%Enter above C$84.88 (+1.4%)27% 160/583+4.8% / +8.5%−27.6% / −87.9%
TRIX Signal CrossJack K. Hutson · dailyINSep 29, 2026 −0.8%Exit below C$61.58 (−26.4%)40% 101/251+0.4% / +8.4%−78.9% / −87.9%
TSI Zero LineWilliam Blau · dailyOUTAug 5, 2026 −9.7%Enter above C$95.28 (+13.8%)30% 53/178+10.8% / +8.4%−27.1% / −87.9%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTAug 31, 2026 −5.2%Enter above C$86.98 (+3.9%)42% 28/67+11.8% / +8.3%−25.6% / −87.9%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINSep 30, 2025 +12.7%Not on one close43% 9/21+8.4% / +11.1%−44.9% / −82.8%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyINSep 30, 2025 +12.7%Not on one close45% 17/38+5.3% / +8.3%−44.9% / −87.9%
PMO Signal CrossCarl Swenlin · dailyINSep 28, 2026 −1.7%Exit below C$78.83 (−5.8%)35% 114/322+5.9% / +8.3%−67.7% / −87.9%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyINAug 12, 2026 −7.7%Not on one close63% 27/43+5.6% / +8.5%−74.0% / −87.9%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 4, 2026 −5.1%Not on one close56% 176/312+0.8% / +8.2%−39.3% / −87.9%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 25, 2026 −1.2%Not on one close67% 269/402+5.6% / +8.2%−44.2% / −87.9%
Bollinger ReversionJohn Bollinger · dailyOUTSep 28, 2026 −1.7%Buy below C$81.92 (−2.2%)65% 123/190+1.4% / +8.5%−62.8% / −87.9%
Stochastic 20/80George C. Lane · dailyINAug 6, 2026 −8.3%Not on one close63% 105/167+3.5% / +8.5%−77.4% / −87.9%
Williams %RLarry Williams · dailyOUTOct 1, 2026 −0.3%Not on one close64% 180/280+3.0% / +8.5%−71.3% / −87.9%
DeMark 9-CountTom DeMark · dailyINAug 12, 2026 −7.7%Not on one close54% 37/69+2.6% / +8.5%−84.2% / −87.9%
Mayer MultipleTrace Mayer · dailyINSep 16, 2005 +414.1%Sell above C$213.79 (+155.4%)–+8.2% / +8.2%−87.9% / −87.9%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTApr 9, 2025 +48.1%Buy below C$80.37 (−4.0%)65% 17/26+0.3% / +8.3%−44.8% / −87.9%
Laguerre RSIJohn F. Ehlers · dailyOUTOct 2, 2026 +0.2%Enter above C$83.88 (+0.2%)43% 140/324+5.2% / +8.1%−59.7% / −87.9%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTOct 1, 2026 −0.3%Not on one close53% 223/424−0.8% / +8.1%−75.7% / −87.9%
IBS ReversionAlexander S. Pagonidis · dailyOUTSep 30, 2026 −1.4%Buy below C$83.72 (0.0%)59% 1112/1870+5.4% / +8.5%−46.2% / −87.9%
Connors %bLarry Connors & Cesar Alvarez · dailyINAug 4, 2026 −8.9%Sell above C$84.71 (+1.2%)63% 57/91+4.1% / +8.2%−42.5% / −87.9%
Fisher TransformJohn F. Ehlers · dailyOUTOct 5, 2026 −0.3%Enter above C$83.94 (+0.3%)39% 417/1057+7.7% / +8.0%−38.1% / −87.9%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINAug 31, 2026 −5.2%Sell above C$86.64 (+3.5%)58% 80/139+3.5% / +8.1%−80.8% / −87.9%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINSep 18, 2026 +0.2%Not on one close30% 185/613+12.1% / +8.5%−37.3% / −87.9%
Chaikin Money FlowMarc Chaikin · dailyINAug 31, 2026 −5.2%Not on one close36% 78/215+4.1% / +8.5%−54.2% / −87.9%
Money Flow IndexGene Quong & Avrum Soudack · dailyINSep 21, 2026 −0.2%Not on one close56% 32/57+3.2% / +8.5%−73.6% / −87.9%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyINOct 5, 2026 −0.3%Not on one close36% 40/112+5.7% / +8.3%−51.3% / −87.9%
Force IndexAlexander Elder · dailyOUTOct 7, 2026 +0.9%Enter above C$84.28 (+0.7%)31% 187/610+9.2% / +8.5%−57.8% / −87.9%
Buff AveragesBuff Dormeier · dailyOUTOct 7, 2026 +0.9%Enter above C$84.90 (+1.4%)31% 124/399+5.1% / +8.5%−43.8% / −87.9%
Chaikin OscillatorMarc Chaikin · dailyINSep 18, 2026 +0.2%Exit below C$83.72 (0.0%)34% 184/535+5.3% / +8.5%−36.6% / −87.9%
Volume Flow IndicatorMarkos Katsanos · dailyINMay 30, 2025 +25.9%Not on one close28% 23/81+11.6% / +8.3%−44.9% / −87.9%
Klinger OscillatorStephen J. Klinger · dailyINSep 25, 2026 −1.2%Not on one close38% 316/833+6.8% / +8.5%−61.6% / −87.9%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINJun 18, 2026 −9.4%Not on one close48% 68/141+2.7% / +8.5%−71.0% / −87.9%
HikkakeDaniel L. Chesler · dailyOUTAug 26, 2025 +12.0%Not on one close29% 30/104+7.7% / +8.5%−28.6% / −87.9%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTOct 2, 2026 +0.2%Not on one close41% 29/70+1.8% / +8.6%−11.9% / −87.9%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −7.4%Buys Oct 3051% 22/43+7.3% / +8.5%−68.5% / −87.9%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 24, 2026 −6.3%Not on one close52% 23/44+6.5% / +8.0%−67.5% / −87.9%
Seasonal TimingSy Harding · dailyOUTMay 6, 2026 −7.2%Window opens Oct 1655% 23/42+8.0% / +8.0%−67.8% / −87.9%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 +3.9%Buys Dec 2336% 16/44+2.5% / +8.5%−7.4% / −87.9%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −0.3%Buys Oct 2952% 274/524+6.4% / +8.5%−39.4% / −87.9%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −1.4%Sells Jun 3045% 5/11+8.1% / +8.5%−16.1% / −87.9%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −5.1%Buys Nov 2454% 207/384+4.7% / +8.5%−4.8% / −87.9%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +42.8%Not on one close35% 7/20+4.3% / +8.5%−55.8% / −87.9%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1651% 1168/2281+7.1% / +8.5%−82.2% / −87.9%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +1.2%Buys Oct 2745% 155/348+1.8% / +8.5%−8.8% / −87.9%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +0.2%Sells Oct 1648% 262/541−0.6% / +8.5%−74.6% / −87.9%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 4, 2005Always in–+8.5%−87.9%

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 1.9× as far as its index in past crashes.

Past crashes, peak to low

Financial crisis Oct 2007 to Mar 2009 · back to its old high May 2011

GRT.UN−85%
TSX−47%

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

GRT.UN−44%
TSX−37%

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

GRT.UN−38%
TSX−14%
  • Beta0.93Moves about 0.9× as much as the TSX week to week.
  • Downside capture239%In months the TSX fell, this fell 239% as much on average.
  • Two-year change+19%
  • From 52-week high−15%
  • Debt to equity0.58×
  • Net debt / EBITDA6.6×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover5.0×

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 · Granite Real Estate Investment Trust is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 145 investment properties representing approximately 61.5 million square feet of leasable area. Granite Real Estate Investment Trust was established in 2003 and was incorporated in Canada.

Size and valuation
Market capC$5.2BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)C$644MTotal sales. The market values it at 8.1× sales.
P/E ratio14.0×Buyers pay C$14 for each C$1 of the last year's profit.
Forward P/E12.6×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book0.9×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin56.6%Keeps 57¢ of each dollar of sales as profit.
Revenue growth+9.8%Last quarter's sales against the same quarter a year earlier.
Earnings growth−27.2%Same comparison for profit.
Return on equity6.5%Yearly profit as a share of shareholders' money in the business.
Free cash flowC$526MCash left after running and investing in the business.
Balance sheet
Total equityC$5.5BWhat it owns minus what it owes.
Total debtC$3.2BLoans and bonds it has to pay back, with interest.
CashC$94.6MCash and short-term investments on hand.
Debt to equity0.58×Moderate.
Interest cover5.0×Interest is easily paid from profit.
Wall Street
Average analyst targetC$105.9026% above the close, from 10 analysts (range C$101.00 to C$112.00).
Consensus ratingStrong buyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield4.24%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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