Energy & power

Hydro One (H)

C$51.46 +1.3% on the day·+4.4% in a year·close Oct 13, 2026

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

Your signal

Sell38 / 100

Sell: 38 is at or below your Sell line of 40. Off the high (−14% from its 1-year high) scores 54 and lifts it; Trend (−7% vs 200-day) scores 24 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	H	Points	Weight	Adds
Plays in	36%	36	40	14.4
Off the high	−14% from its 1-year high	54	30	16.2
Trend	−7% vs 200-day	24	30	7.2

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 H

Factor	H	Points	What it is
Plays in	36%	36	The share of the plays you count that hold it now.
Analysts' upside	+10% · 13 analysts	43	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	3.2 · hold	0	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	21.8×	59	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	21.6×	28	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	3.36	14	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	3.2×	55	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	2.4×	64	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	2.8%	65	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+14%	44	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. Source: Yahoo Finance.
Revenue growth	+11%	42	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	15%	59	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	11%	45	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	1.53×	16	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−14% from its 1-year high	54	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	−7% vs 200-day	24	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+4%	37	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	2/10 · low	80	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on H

36 of the 100 plays hold H right now.
The volume plays mostly say in; the trend-following and breakout plays mostly say out.
It closed 7% below its 200-day average and 14% below its 52-week high.
Crash exposure reads low: it carries 1.6× as much debt as equity and operating profit covers interest only 3.3×.
Analysts' average 12-month target is C$56.67, 10% above the close (13 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 in36 / 100Every play Be The Puck tests, in 7 families.

Crash exposureLow2 of 10 on the storm test Mayer Multiple0.93×Price ÷ its 200-day average (−7%). Higher than on 3% of days since 2016. 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 H now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn H: right 3 of 20 · Out since Oct 3, 2024 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn H: right 6 of 10 · Out since Jun 2, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn H: right 5 of 8 · In since Dec 29, 2023 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn H: right 41 of 80 · Out since Oct 6, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn H: right 11 of 23 · In since Sep 30, 2026 Candles & chart patternsEngulfing SwitchIN50% of 38,976 calls rightOn H: right 35 of 75 · In since Sep 29, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn H: right 15 of 21 · 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.

H, 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 H 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 21−1.8% against the S&P/TSX1.3× a normal day

H −1.3%, the S&P/TSX +0.6% that session; −2.0% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on H was found for this session. Be The Puck's headline archive for H starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved +0.6%. The 58 other Energy & power stocks Be The Puck covers moved −1.1% on average: much of the move was shared with its group.

Wed Sep 16+2.2% against the S&P/TSX1.7× a normal day

H +2.0%, the S&P/TSX −0.3% that session; −0.2% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on H was found for this session. Be The Puck's headline archive for H starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −0.3%. The 58 other Energy & power stocks Be The Puck covers moved −1.5% on average, so most of the move was its own.

Fri Sep 11−2.0% against the S&P/TSX1.5× a normal day

H −1.4%, the S&P/TSX +0.5% that session; −0.5% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on H was found for this session. Be The Puck's headline archive for H starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved +0.5%. The 58 other Energy & power stocks Be The Puck covers moved −0.7% on average, so most of the move was its own.

Next earnings report

Tue Nov 10, 2026 before the open

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 0.69.

Over its last 12 reports, H's typical move against the S&P/TSX at the first close after the report was ±0.7% (median size, either way); it finished ahead of the index 6 times.
H after beats of 5% or more: ahead of its index at the first close after the report 14 of 21 times (median +0.6%).
H after misses of any size: behind its index at the first close after the report 5 of 9 times (median −1.8%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

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 H

All 100 plays, by family.

Trend following4 of 30 in Breakouts & channels1 of 15 in Momentum10 of 17 in Mean reversion9 of 15 in Volume & money flow7 of 9 in Candles & chart patterns1 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on H went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2015. 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	IN	Oct 13, 2026 0.0%	Exit below C$51.09 (−0.7%)	33% 96/290	+8.9% / +12.1%	−23.8% / −27.7%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Aug 7, 2026 −8.4%	Enter above C$55.11 (+7.1%)	25% 15/59	+4.1% / +10.8%	−24.2% / −27.7%
Ripster EMA CloudRipster · daily	OUT	Jul 30, 2026 −11.1%	Enter above C$52.79 (+2.6%)	26% 52/203	+5.6% / +11.6%	−22.9% / −27.7%
Trend TemplateMark Minervini · daily	OUT	Apr 21, 2026 −9.3%	Not on one close	20% 9/44	+3.1% / +12.2%	−17.9% / −27.7%
Stage AnalysisStan Weinstein · weekly	OUT	Aug 7, 2026 −8.4%	Enter above C$78.51 (+52.6%)	29% 12/41	+6.6% / +10.8%	−25.2% / −27.7%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Jul 31, 2026 −11.3%	Enter above C$60.30 (+17.2%)	29% 11/38	+4.4% / +12.5%	−25.2% / −27.7%
10-Month SMAMeb Faber · month-end	OUT	Aug 31, 2026 −2.9%	Enter above C$55.61 (+8.1%)	57% 4/7	+10.5% / +10.7%	−27.7% / −27.7%
200-Day RulePaul Tudor Jones · daily	OUT	Aug 17, 2026 −6.6%	Enter above C$55.58 (+8.0%)	15% 8/53	+7.8% / +10.7%	−27.6% / −27.7%
Golden CrossMarket tradition · daily	OUT	Sep 16, 2026 −0.3%	Not on one close	29% 2/7	+8.7% / +10.7%	−27.7% / −27.7%
Granville 200-DayJoseph E. Granville · daily	OUT	Aug 17, 2026 −6.6%	Enter above C$74.41 (+44.6%)	19% 7/37	+7.8% / +10.9%	−27.6% / −27.7%
Hull Moving AverageAlan Hull · weekly	OUT	Aug 7, 2026 −8.4%	Enter above C$52.28 (+1.6%)	32% 25/79	+4.2% / +11.1%	−22.4% / −27.7%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Aug 13, 2026 −8.2%	Enter above C$51.73 (+0.5%)	28% 106/380	+8.2% / +12.0%	−23.4% / −27.7%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Sep 21, 2026 +0.4%	Exit below C$43.58 (−15.3%)	43% 51/118	+8.2% / +11.1%	−18.7% / −27.7%
Seykota 15/150Ed Seykota · daily	OUT	Sep 17, 2026 −1.0%	Enter above C$74.60 (+45.0%)	43% 3/7	+11.2% / +12.2%	−27.7% / −27.7%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$72.45 (+40.8%)	23% 18/77	+4.8% / +11.5%	−25.8% / −27.7%
Ichimoku CloudGoichi Hosoda · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$56.00 (+8.8%)	26% 16/61	+5.3% / +11.4%	−22.9% / −27.7%
SupertrendOlivier Seban · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$52.97 (+2.9%)	28% 25/88	+2.8% / +11.9%	−26.0% / −27.7%
Williams AlligatorBill Williams · daily	OUT	Aug 5, 2026 −9.2%	Not on one close	41% 69/168	+3.4% / +11.9%	−29.7% / −27.7%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Oct 5, 2026 +1.0%	Enter above C$50.80 (−1.3%)	37% 95/257	+6.0% / +12.2%	−20.7% / −27.7%
AroonTushar S. Chande · daily	OUT	Aug 4, 2026 −10.7%	Enter above C$53.33 (+3.6%)	44% 49/112	+7.5% / +11.8%	−15.2% / −27.7%
Parabolic SARJ. Welles Wilder Jr. · daily	IN	Oct 2, 2026 +1.2%	Exit below C$50.34 (−2.2%)	44% 104/236	+11.1% / +12.0%	−14.3% / −27.7%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Mar 20, 2026 −8.3%	Enter above C$51.61 (+0.3%)	31% 31/100	+1.3% / +11.9%	−16.9% / −27.7%
MACD Zero LineGerald Appel · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$57.19 (+11.1%)	31% 29/93	+6.8% / +11.8%	−24.9% / −27.7%
Zweig 4% ModelMartin Zweig · weekly	OUT	Aug 7, 2026 −8.4%	Enter above C$52.81 (+2.6%)	34% 20/58	+4.5% / +11.8%	−23.1% / −27.7%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Jul 30, 2026 −11.1%	Enter above C$70.43 (+36.9%)	30% 35/117	+5.3% / +11.8%	−21.5% / −27.7%
Schaff Trend CycleDoug Schaff · daily	OUT	Jul 30, 2026 −11.1%	Enter above C$52.42 (+1.9%)	39% 43/110	+7.0% / +11.1%	−21.8% / −27.7%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$57.15 (+11.1%)	27% 17/62	+2.2% / +11.6%	−22.8% / −27.7%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Aug 10, 2026 −5.5%	Enter above C$76.28 (+48.2%)	25% 13/51	+4.2% / +11.6%	−26.5% / −27.7%
Elder Triple ScreenAlexander Elder · daily	IN	Oct 13, 2026 0.0%	Exit below C$50.40 (−2.1%)	38% 29/77	+5.7% / +10.7%	−9.8% / −27.7%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Oct 3, 2024 +20.7%	Not on one close	15% 3/20	+0.5% / +11.8%	−11.1% / −27.7%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$52.42 (+1.9%)	32% 20/62	+4.7% / +11.9%	−17.9% / −27.7%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Jul 30, 2026 −11.1%	Enter above C$58.52 (+13.7%)	36% 24/66	+4.9% / +11.8%	−12.9% / −27.7%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Aug 4, 2026 −10.7%	Enter above C$60.17 (+16.9%)	26% 11/42	+4.7% / +11.8%	−23.6% / −27.7%
Clenow TrendAndreas F. Clenow · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$121.47 (+136.0%)	33% 17/52	+4.1% / +11.6%	−23.9% / −27.7%
Darvas BoxNicolas Darvas · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$52.82 (+2.6%)	42% 20/48	+6.3% / +11.9%	−21.4% / −27.7%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Mar 20, 2026 −8.3%	Enter above C$53.30 (+3.6%)	29% 20/68	+4.2% / +12.0%	−10.8% / −27.7%
Bollinger BreakoutJohn Bollinger · daily	OUT	Jul 29, 2026 −11.8%	Enter above C$52.02 (+1.1%)	36% 35/98	+5.7% / +12.1%	−9.7% / −27.7%
Chandelier ExitChuck LeBeau · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$51.96 (+1.0%)	34% 33/96	+4.9% / +11.9%	−13.4% / −27.7%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Aug 5, 2026 −9.2%	Enter above C$52.97 (+2.9%)	34% 31/92	+4.8% / +11.9%	−17.6% / −27.7%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Jun 2, 2026 −6.7%	Enter above C$60.29 (+17.2%)	60% 6/10	+10.7% / +13.1%	−17.5% / −27.7%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Aug 4, 2026 −10.7%	Enter above C$52.42 (+1.9%)	28% 45/162	+5.2% / +11.9%	−21.2% / −27.7%
Acceleration BandsPrice Headley · daily	OUT	Mar 17, 2026 −12.9%	Not on one close	29% 24/82	+3.1% / +11.9%	−5.1% / −27.7%
TTM SqueezeJohn F. Carter · daily	OUT	Jul 8, 2026 −12.3%	Enter above C$53.43 (+3.8%)	34% 23/68	+3.8% / +12.0%	−8.8% / −27.7%
NR7 BreakoutToby Crabel · daily	IN	Oct 13, 2026 0.0%	Exit below C$50.40 (−2.1%)	39% 117/303	+10.0% / +11.6%	−12.2% / −27.7%
Bollinger SqueezeJohn Bollinger · daily	OUT	May 28, 2026 −10.2%	Not on one close	38% 6/16	+3.3% / +11.2%	−6.6% / −27.7%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Jun 28, 2024 +36.9%	Exit below C$52.32 (+1.7%)	60% 6/10	+12.4% / +12.4%	−27.7% / −27.7%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Dec 29, 2023 +39.5%	Not on one close	62% 5/8	+12.7% / +12.4%	−27.7% / −27.7%
Dual MomentumGary Antonacci · month-end	OUT	Aug 31, 2026 −2.9%	Enter above C$58.17 (+13.0%)	44% 8/18	+6.2% / +12.4%	−27.7% / −27.7%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Aug 5, 2026 −9.2%	Not on one close	25% 15/61	+7.2% / +11.5%	−16.0% / −27.7%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Sep 30, 2026 +1.5%	Enter above C$56.80 (+10.4%)	100% 2/2	+12.7% / +11.6%	−27.7% / −27.7%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Jul 31, 2026 −11.3%	Enter above C$57.96 (+12.6%)	30% 18/61	+4.0% / +11.3%	−21.5% / −27.7%
MACD Signal CrossGerald Appel · daily	IN	Sep 17, 2026 −1.0%	Exit below C$48.48 (−5.8%)	36% 77/213	+10.3% / +11.8%	−14.5% / −27.7%
Elder ImpulseAlexander Elder · daily	IN	Oct 13, 2026 0.0%	Exit below C$51.11 (−0.7%)	36% 119/335	+9.7% / +11.8%	−20.1% / −27.7%
Know Sure ThingMartin J. Pring · daily	IN	Sep 17, 2026 −1.0%	Exit below C$43.97 (−14.6%)	44% 62/142	+8.0% / +11.7%	−17.7% / −27.7%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Nov 30, 2018 +239.3%	Exit below C$15.36 (−70.2%)	40% 2/5	+13.7% / +13.6%	−27.7% / −27.7%
CCI +100Donald R. Lambert · daily	OUT	Jul 29, 2026 −11.8%	Enter above C$51.64 (+0.3%)	32% 99/306	+6.8% / +11.9%	−7.4% / −27.7%
TRIX Signal CrossJack K. Hutson · daily	IN	Sep 22, 2026 −0.3%	Exit below C$38.25 (−25.7%)	39% 50/127	+7.5% / +11.6%	−15.4% / −27.7%
TSI Zero LineWilliam Blau · daily	OUT	Aug 6, 2026 −8.2%	Enter above C$57.50 (+11.7%)	30% 27/91	+6.3% / +11.6%	−24.6% / −27.7%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	Aug 31, 2026 −2.9%	Enter above C$52.76 (+2.5%)	35% 14/40	+6.6% / +12.4%	−27.7% / −27.7%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Dec 29, 2023 +39.5%	Not on one close	33% 1/3	+15.3% / +16.8%	−27.7% / −27.7%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Dec 29, 2023 +39.5%	Not on one close	50% 3/6	+11.7% / +12.4%	−27.7% / −27.7%
PMO Signal CrossCarl Swenlin · daily	IN	Sep 22, 2026 −0.3%	Exit below C$47.68 (−7.3%)	35% 53/150	+8.1% / +11.1%	−17.8% / −27.7%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Aug 11, 2026 −7.5%	Not on one close	58% 11/19	+6.3% / +12.2%	−22.6% / −27.7%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Aug 12, 2026 −8.7%	Not on one close	46% 73/160	−2.1% / +10.7%	−28.6% / −27.7%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Sep 8, 2026 −3.0%	Not on one close	54% 92/170	+0.3% / +10.7%	−23.5% / −27.7%
Bollinger ReversionJohn Bollinger · daily	OUT	Oct 6, 2026 +0.4%	Buy below C$50.29 (−2.3%)	51% 41/80	+1.1% / +12.1%	−29.5% / −27.7%
Stochastic 20/80George C. Lane · daily	IN	Aug 11, 2026 −7.5%	Not on one close	66% 50/76	+6.9% / +12.1%	−20.0% / −27.7%
Williams %RLarry Williams · daily	IN	Aug 11, 2026 −7.5%	Exit below C$51.39 (−0.1%)	61% 78/127	+7.2% / +12.2%	−25.8% / −27.7%
DeMark 9-CountTom DeMark · daily	IN	Aug 10, 2026 −5.5%	Not on one close	61% 25/41	+8.7% / +11.7%	−11.3% / −27.7%
Mayer MultipleTrace Mayer · daily	IN	Sep 1, 2016 +178.5%	Sell above C$134.35 (+161.1%)	–	+10.7% / +10.7%	−27.7% / −27.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Mar 13, 2020 +153.7%	Not on one close	50% 2/4	+2.3% / +11.1%	−6.3% / −27.7%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 8, 2026 −3.0%	Not on one close	52% 78/149	+9.9% / +12.0%	−26.6% / −27.7%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	OUT	Sep 21, 2026 +0.4%	Not on one close	52% 107/204	+4.9% / +12.0%	−27.5% / −27.7%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 1, 2026 +0.8%	Buy below C$51.46 (0.0%)	54% 433/808	−0.7% / +11.7%	−29.5% / −27.7%
Connors %bLarry Connors & Cesar Alvarez · daily	IN	Aug 6, 2026 −8.2%	Sell above C$51.64 (+0.3%)	57% 30/53	+5.6% / +10.7%	−16.9% / −27.7%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 13, 2026 0.0%	Exit below C$50.17 (−2.5%)	41% 204/497	+8.9% / +11.8%	−26.8% / −27.7%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Jul 31, 2026 −11.3%	Sell above C$51.73 (+0.5%)	57% 38/67	+8.6% / +12.0%	−19.5% / −27.7%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 13, 2026 0.0%	Not on one close	30% 111/369	+6.9% / +12.1%	−16.8% / −27.7%
Chaikin Money FlowMarc Chaikin · daily	IN	Sep 18, 2026 −0.8%	Not on one close	47% 50/107	+7.9% / +11.9%	−20.9% / −27.7%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Sep 30, 2026 +1.5%	Not on one close	48% 11/23	+7.0% / +12.2%	−17.1% / −27.7%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Feb 5, 2025 +18.8%	Exit below C$50.82 (−1.2%)	42% 11/26	+11.0% / +12.2%	−27.7% / −27.7%
Force IndexAlexander Elder · daily	IN	Oct 13, 2026 0.0%	Exit below C$51.05 (−0.8%)	29% 99/344	+7.9% / +11.8%	−19.1% / −27.7%
Buff AveragesBuff Dormeier · daily	OUT	Jul 31, 2026 −11.3%	Enter above C$52.36 (+1.7%)	33% 54/166	+6.9% / +12.1%	−18.3% / −27.7%
Chaikin OscillatorMarc Chaikin · daily	IN	Sep 18, 2026 −0.8%	Not on one close	38% 104/271	+6.7% / +11.9%	−16.7% / −27.7%
Volume Flow IndicatorMarkos Katsanos · daily	OUT	Sep 14, 2026 +0.6%	Not on one close	34% 21/62	+8.0% / +12.3%	−27.7% / −27.7%
Klinger OscillatorStephen J. Klinger · daily	IN	Sep 30, 2026 +1.5%	Not on one close	40% 167/417	+10.8% / +11.6%	−15.4% / −27.7%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	IN	Sep 29, 2026 +0.8%	Exit below C$50.97 (−1.0%)	47% 35/75	+6.1% / +11.6%	−27.7% / −27.7%
HikkakeDaniel L. Chesler · daily	OUT	Aug 10, 2026 −5.5%	Not on one close	25% 11/44	+2.8% / +11.4%	−32.7% / −27.7%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Jul 2, 2024 +37.5%	Not on one close	28% 5/18	+1.2% / +12.0%	−9.1% / −27.7%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 −10.7%	Buys Oct 30	71% 15/21	+10.2% / +11.7%	−27.7% / −27.7%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 15, 2026 −10.5%	Not on one close	68% 15/22	+10.5% / +11.8%	−27.7% / −27.7%
Seasonal TimingSy Harding · daily	OUT	Apr 20, 2026 −10.6%	Window opens Oct 16	64% 14/22	+9.5% / +11.8%	−27.7% / −27.7%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −2.4%	Buys Dec 23	41% 9/22	+2.3% / +11.7%	−3.5% / −27.7%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +1.0%	Buys Oct 29	53% 138/262	+4.1% / +11.7%	−14.0% / −27.7%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +1.5%	Sells Jun 30	60% 3/5	+4.9% / +11.7%	−9.5% / −27.7%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −2.5%	Buys Nov 24	47% 94/198	+3.2% / +11.7%	−4.7% / −27.7%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +57.6%	Not on one close	25% 2/8	+7.4% / +12.0%	−20.0% / −27.7%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	50% 566/1137	+2.8% / +11.7%	−26.3% / −27.7%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −0.3%	Buys Oct 27	41% 70/172	+0.7% / +11.7%	−7.7% / −27.7%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +1.2%	Sells Oct 16	52% 141/269	+10.8% / +11.7%	−18.9% / −27.7%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Nov 17, 2015	Always in	–	+11.9%	−27.7%

If the market cracks: the storm test

How the storm test works

ExposureLow2 of 10 points

Market swings0/3
Past crashes0/2
Debt2/3
Run-up0/2

It carries 1.6× as much debt as equity.
It operating profit covers interest only 3.3×.

Past crashes, peak to low

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

H−27%

TSX−37%

2022 bear market Jan 2022 to Feb 2022 · back to its old high Mar 2022

H−6%

TSX−14%

Beta0.27Moves about 0.3× as much as the TSX week to week.
Downside capture−50%In months the TSX fell, this fell -50% as much on average (it often rose anyway).
Two-year change+23%
From 52-week high−14%
Debt to equity1.59×
Net debt / EBITDA5.9×Years of operating cash earnings it would take to pay off its debt.
Interest cover3.3×

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

Utilities - Regulated Electric · Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 126,000 circuit kilometers primary low-voltage distribution lines.

Size and valuation
Market cap	C$30.9B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$9.5B	Total sales. The market values it at 3.2× sales.
P/E ratio	21.8×	Buyers pay C$22 for each C$1 of the last year's profit.
Forward P/E	21.6×	Price against analysts' estimate of next year's profit.
Price to book	2.4×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	14.9%	Keeps 15¢ of each dollar of sales as profit.
Revenue growth	+11.4%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	+14.2%	Same comparison for profit.
Return on equity	11.1%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−C$1.3B	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	C$12.6B	What it owns minus what it owes.
Total debt	C$20.1B	Loans and bonds it has to pay back, with interest.
Cash	C$643M	Cash and short-term investments on hand.
Debt to equity	1.59×	Above about 1.5× is heavily borrowed; above 3× is fragile in a downturn.
Interest cover	3.3×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$56.67	10% above the close, from 13 analysts (range C$47.00 to C$61.00).
Consensus rating	Hold	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	2.78%	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.

H: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Energy & power: 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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