Financials

IGM Financial (IGM)

C$81.49 +0.3% on the day·+64.2% in a year·close Oct 13, 2026

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

Your signal

Hold56 / 100

Hold: 56 is between your Sell line (40) and Buy line (60). Trend (+9% vs 200-day) scores 70 and lifts it; Plays in (37%) scores 37 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	IGM	Points	Weight	Adds
Plays in	37%	37	40	14.8
Off the high	−10% from its 1-year high	68	30	20.4
Trend	+9% vs 200-day	70	30	21.0

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 IGM

Factor	IGM	Points	What it is
Plays in	37%	37	The share of the plays you count that hold it now.
Analysts' upside	+7% · 8 analysts	39	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	2.6 · hold	19	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	16.5×	76	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	13.4×	63	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	2.89	16	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	4.1×	46	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	2.0×	73	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	3.0%	70	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+8%	35	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	+18%	60	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	25%	75	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	13%	53	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.32×	64	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−10% from its 1-year high	68	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	+9% vs 200-day	70	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+64%	83	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 IGM

37 of the 100 plays hold IGM right now.
The volume plays mostly say in; the trend-following, breakout and pattern plays mostly say out.
It closed 9% above its 200-day average and 10% below its 52-week high.
Crash exposure reads low: it fell about 1.3× as far as its index in past crashes and is up 112% in two years, a run-up size that crashed about half the time in history.
Analysts' average 12-month target is C$87.25, 7% above the close (8 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 in37 / 100Every play Be The Puck tests, in 7 families.

Crash exposureLow2 of 10 on the storm test Mayer Multiple1.09×Price ÷ its 200-day average (+9%). Higher than on 68% 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 IGM now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn IGM: right 17 of 44 · Out since Jul 29, 2026 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn IGM: right 21 of 41 · Out since Sep 30, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn IGM: right 12 of 28 · In since Aug 30, 2024 Mean reversionBollinger ReversionIN64% of 53,095 calls rightOn IGM: right 120 of 189 · In since Oct 8, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn IGM: right 18 of 34 · In since Oct 9, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn IGM: right 80 of 154 · Out since Oct 16, 2025 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn IGM: right 28 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.

IGM, 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 IGM 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

Thu Oct 8−2.7% against the S&P/TSX1.8× a normal day

IGM −2.4%, the S&P/TSX +0.3% that session.

HeadlineAD HOC NEWS · Oct 8, 3:46 pm ET
S&P/ TSX Composite rises 0.2 percent as energy offsets tech weakness
Headlinewww.marketscreener.com · Oct 8, 10:25 am ET
Mackenzie Investments Opens the Market
Headlinekalkine.ca · Oct 8, 10:24 am ET
Mackenzie Investments Launches Four New ETFs on Toronto Stock Exchange, Including Mackenzie Global Equity & Gold Overlay ETF

Fri Sep 11+2.7% against the S&P/TSX1.7× a normal day

IGM +3.2%, the S&P/TSX +0.5% that session; −0.6% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on IGM was found for this session. Be The Puck's headline archive for IGM starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved +0.5%. The 25 other Financials stocks Be The Puck covers moved +1.0% on average, so most of the move was its own.

Thu Sep 10+2.7% against the S&P/TSX1.8× a normal day

IGM +1.6%, the S&P/TSX −1.1% that session; +2.4% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on IGM was found for this session. Be The Puck's headline archive for IGM starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 25 other Financials stocks Be The Puck covers moved +0.1% on average, so most of the move was its own.

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 IGM

All 100 plays, by family.

Trend following7 of 30 in Breakouts & channels1 of 15 in Momentum8 of 17 in Mean reversion10 of 15 in Volume & money flow7 of 9 in Candles & chart patterns0 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on IGM 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	Sep 22, 2026 −5.2%	Enter above C$83.73 (+2.7%)	29% 165/560	+8.4% / +9.3%	−26.5% / −51.7%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Oct 9, 2026 +0.3%	Enter above C$83.97 (+3.0%)	31% 30/97	+7.1% / +9.3%	−36.6% / −51.7%
Ripster EMA CloudRipster · daily	OUT	Sep 23, 2026 −4.1%	Enter above C$84.31 (+3.5%)	24% 87/369	+6.0% / +9.3%	−37.7% / −51.7%
Trend TemplateMark Minervini · daily	OUT	Sep 22, 2026 −5.2%	Enter above C$86.01 (+5.6%)	24% 29/122	+4.5% / +9.5%	−20.3% / −51.7%
Stage AnalysisStan Weinstein · weekly	IN	Aug 8, 2025 +80.1%	Exit below C$79.98 (−1.9%)	35% 21/60	+8.8% / +9.3%	−20.3% / −51.7%
Stage 2 + Mansfield RSStan Weinstein · weekly	IN	Aug 8, 2025 +80.1%	Exit below C$79.98 (−1.9%)	34% 32/94	+6.8% / +9.3%	−23.1% / −51.7%
10-Month SMAMeb Faber · month-end	IN	Jul 31, 2025 +85.9%	Exit below C$75.73 (−7.1%)	50% 16/32	+9.9% / +9.3%	−23.8% / −51.7%
200-Day RulePaul Tudor Jones · daily	IN	Jul 16, 2025 +96.9%	Exit below C$74.96 (−8.0%)	20% 28/138	+8.2% / +9.3%	−33.0% / −51.7%
Golden CrossMarket tradition · daily	IN	May 6, 2024 +139.2%	Not on one close	59% 13/22	+7.6% / +9.3%	−53.4% / −51.7%
Granville 200-DayJoseph E. Granville · daily	IN	Jul 16, 2025 +96.9%	Exit below C$74.96 (−8.0%)	22% 19/88	+7.9% / +9.3%	−24.5% / −51.7%
Hull Moving AverageAlan Hull · weekly	OUT	Sep 25, 2026 −3.8%	Enter above C$94.56 (+16.0%)	35% 49/139	+5.1% / +9.3%	−37.4% / −51.7%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Sep 22, 2026 −5.2%	Enter above C$83.44 (+2.4%)	26% 198/752	+3.6% / +9.3%	−44.8% / −51.7%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Aug 19, 2026 −6.1%	Enter above C$94.06 (+15.4%)	34% 91/264	+4.2% / +9.3%	−52.2% / −51.7%
Seykota 15/150Ed Seykota · daily	IN	May 8, 2024 +137.4%	Not on one close	33% 10/30	+7.2% / +9.0%	−32.4% / −51.7%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Sep 28, 2026 −2.4%	Enter above C$99.03 (+21.5%)	28% 39/141	+4.8% / +9.3%	−40.8% / −51.7%
Ichimoku CloudGoichi Hosoda · daily	OUT	Sep 29, 2026 −1.8%	Not on one close	31% 36/115	+8.5% / +9.3%	−34.7% / −51.7%
SupertrendOlivier Seban · daily	OUT	Oct 7, 2026 −0.7%	Enter above C$85.87 (+5.4%)	38% 58/151	+4.7% / +9.3%	−42.3% / −51.7%
Williams AlligatorBill Williams · daily	OUT	Sep 28, 2026 −2.4%	Not on one close	39% 110/281	+4.2% / +9.3%	−39.2% / −51.7%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Sep 23, 2026 −4.1%	Enter above C$89.24 (+9.5%)	38% 204/535	+6.4% / +9.3%	−38.5% / −51.7%
AroonTushar S. Chande · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$89.91 (+10.3%)	38% 77/203	+5.3% / +9.3%	−41.3% / −51.7%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$82.50 (+1.2%)	40% 193/486	+5.7% / +9.3%	−35.7% / −51.7%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Aug 28, 2026 −6.3%	Not on one close	34% 56/164	+5.2% / +9.3%	−20.1% / −51.7%
MACD Zero LineGerald Appel · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$96.95 (+19.0%)	29% 52/181	+5.4% / +9.3%	−50.4% / −51.7%
Zweig 4% ModelMartin Zweig · weekly	OUT	Sep 25, 2026 −3.8%	Enter above C$84.46 (+3.6%)	38% 55/146	+6.1% / +9.3%	−45.7% / −51.7%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Sep 23, 2026 −4.1%	Enter above C$175.69 (+115.6%)	33% 73/221	+6.8% / +9.3%	−44.1% / −51.7%
Schaff Trend CycleDoug Schaff · daily	OUT	Aug 17, 2026 −7.0%	Not on one close	37% 87/234	+5.7% / +9.3%	−40.8% / −51.7%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$95.26 (+16.9%)	32% 44/137	+6.8% / +9.3%	−50.5% / −51.7%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Oct 7, 2026 −0.7%	Enter above C$94.01 (+15.4%)	30% 30/99	+7.1% / +9.3%	−41.1% / −51.7%
Elder Triple ScreenAlexander Elder · daily	OUT	May 22, 2026 +6.9%	Not on one close	37% 73/196	+3.3% / +9.3%	−30.0% / −51.7%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Jul 29, 2026 +0.2%	Not on one close	39% 17/44	+1.2% / +9.3%	−9.2% / −51.7%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Sep 29, 2026 −1.8%	Enter above C$89.19 (+9.4%)	33% 43/129	+4.0% / +9.3%	−44.8% / −51.7%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Aug 20, 2026 −4.2%	Enter above C$89.19 (+9.4%)	34% 46/137	+5.0% / +9.3%	−20.5% / −51.7%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Sep 29, 2026 −1.8%	Enter above C$91.34 (+12.1%)	32% 30/95	+4.8% / +9.3%	−19.7% / −51.7%
Clenow TrendAndreas F. Clenow · daily	OUT	Sep 2, 2026 −3.7%	Enter above C$90.27 (+10.8%)	38% 35/93	+5.5% / +9.3%	−20.9% / −51.7%
Darvas BoxNicolas Darvas · daily	OUT	Sep 23, 2026 −4.1%	Not on one close	36% 40/111	+6.8% / +9.3%	−28.2% / −51.7%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Aug 20, 2026 −4.2%	Enter above C$88.93 (+9.1%)	30% 48/158	+1.8% / +9.3%	−46.2% / −51.7%
Bollinger BreakoutJohn Bollinger · daily	OUT	Sep 15, 2026 −5.3%	Enter above C$88.94 (+9.1%)	32% 70/216	+3.8% / +9.3%	−36.5% / −51.7%
Chandelier ExitChuck LeBeau · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$89.04 (+9.3%)	33% 58/177	+5.2% / +9.3%	−33.6% / −51.7%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Sep 1, 2026 −4.2%	Enter above C$85.62 (+5.1%)	40% 64/161	+6.1% / +9.3%	−50.2% / −51.7%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Sep 30, 2026 −2.1%	Enter above C$91.38 (+12.1%)	51% 21/41	+9.0% / +9.3%	−36.0% / −51.7%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Sep 23, 2026 −4.1%	Enter above C$84.18 (+3.3%)	29% 79/271	+6.8% / +9.3%	−35.1% / −51.7%
Acceleration BandsPrice Headley · daily	OUT	Jul 17, 2026 −3.3%	Not on one close	28% 42/148	+0.7% / +9.3%	−23.7% / −51.7%
TTM SqueezeJohn F. Carter · daily	OUT	Jun 11, 2026 +3.1%	Not on one close	32% 55/172	+0.2% / +9.3%	−41.1% / −51.7%
NR7 BreakoutToby Crabel · daily	IN	Oct 13, 2026 0.0%	Exit below C$80.18 (−1.6%)	35% 236/679	+6.2% / +9.3%	−39.4% / −51.7%
Bollinger SqueezeJohn Bollinger · daily	OUT	Nov 6, 2025 +57.6%	Not on one close	33% 12/36	+2.8% / +9.3%	−14.3% / −51.7%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Aug 30, 2024 +126.4%	Exit below C$54.06 (−33.7%)	33% 8/24	+5.0% / +9.4%	−49.6% / −51.7%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Aug 30, 2024 +126.4%	Not on one close	43% 12/28	+6.2% / +9.4%	−47.6% / −51.7%
Dual MomentumGary Antonacci · month-end	IN	Oct 31, 2024 +111.8%	Exit below C$60.11 (−26.2%)	34% 15/44	+3.6% / +9.4%	−47.9% / −51.7%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Oct 7, 2026 −0.7%	Buy C$83.11–C$93.71 (+2.0%)	27% 35/131	+8.0% / +9.3%	−29.7% / −51.7%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	IN	Jun 28, 2024 +137.8%	Exit below C$76.73 (−5.8%)	28% 5/18	+4.0% / +9.3%	−49.4% / −51.7%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Oct 9, 2026 +0.3%	Enter above C$84.92 (+4.2%)	34% 37/110	+8.2% / +9.3%	−24.8% / −51.7%
MACD Signal CrossGerald Appel · daily	OUT	Sep 22, 2026 −5.2%	Enter above C$86.16 (+5.7%)	33% 154/470	+4.6% / +9.3%	−50.1% / −51.7%
Elder ImpulseAlexander Elder · daily	OUT	Sep 22, 2026 −5.2%	Enter above C$82.95 (+1.8%)	32% 235/734	+3.5% / +9.3%	−36.9% / −51.7%
Know Sure ThingMartin J. Pring · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$94.40 (+15.8%)	40% 121/305	+5.2% / +9.3%	−37.8% / −51.7%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Jun 28, 2024 +137.8%	Not on one close	46% 6/13	+7.9% / +8.1%	−50.0% / −51.7%
CCI +100Donald R. Lambert · daily	OUT	Sep 21, 2026 −6.6%	Enter above C$89.58 (+9.9%)	29% 181/618	+2.8% / +9.3%	−31.9% / −51.7%
TRIX Signal CrossJack K. Hutson · daily	OUT	Aug 19, 2026 −6.1%	Enter above C$111.35 (+36.6%)	38% 99/259	+4.6% / +9.3%	−40.0% / −51.7%
TSI Zero LineWilliam Blau · daily	OUT	Sep 24, 2026 −3.2%	Enter above C$97.49 (+19.6%)	29% 52/177	+5.5% / +9.3%	−49.7% / −51.7%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	IN	May 31, 2024 +150.4%	Exit below C$80.35 (−1.4%)	41% 36/87	+7.4% / +9.4%	−35.8% / −51.7%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Aug 30, 2024 +126.4%	Not on one close	46% 11/24	+5.1% / +8.0%	−47.6% / −51.7%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Aug 30, 2024 +126.4%	Not on one close	46% 13/28	+8.0% / +9.4%	−47.6% / −51.7%
PMO Signal CrossCarl Swenlin · daily	OUT	Aug 18, 2026 −7.0%	Enter above C$90.98 (+11.6%)	35% 121/348	+3.3% / +9.3%	−57.8% / −51.7%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	OUT	Jul 31, 2025 +85.9%	Not on one close	47% 15/32	+1.4% / +9.3%	−47.7% / −51.7%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	IN	Oct 7, 2026 −0.7%	Sell above C$81.20 (−0.4%)	62% 181/292	+2.5% / +9.3%	−23.1% / −51.7%
Double 7sLarry Connors & Cesar Alvarez · daily	IN	Sep 22, 2026 −5.2%	Sell above C$84.10 (+3.2%)	62% 221/358	+2.1% / +9.3%	−48.1% / −51.7%
Bollinger ReversionJohn Bollinger · daily	IN	Oct 8, 2026 +1.8%	Sell above C$84.12 (+3.2%)	63% 120/189	+3.1% / +9.3%	−53.9% / −51.7%
Stochastic 20/80George C. Lane · daily	IN	Oct 1, 2026 −2.6%	Not on one close	67% 108/161	+7.3% / +9.3%	−42.0% / −51.7%
Williams %RLarry Williams · daily	IN	Sep 25, 2026 −3.8%	Not on one close	62% 172/277	+4.8% / +9.3%	−42.0% / −51.7%
DeMark 9-CountTom DeMark · daily	OUT	Sep 26, 2024 +119.1%	Not on one close	57% 41/72	+2.7% / +9.3%	−40.1% / −51.7%
Mayer MultipleTrace Mayer · daily	IN	Nov 22, 2004 +615.5%	Sell above C$181.18 (+122.3%)	–	+9.3% / +9.3%	−51.7% / −51.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Mar 25, 2020 +421.8%	Not on one close	70% 7/10	+2.3% / +9.3%	−11.1% / −51.7%
Laguerre RSIJohn F. Ehlers · daily	IN	Oct 7, 2026 −0.7%	Not on one close	51% 150/297	+7.4% / +9.3%	−26.9% / −51.7%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Oct 2, 2026 −3.1%	Not on one close	57% 247/433	+4.8% / +9.3%	−43.9% / −51.7%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Sep 24, 2026 −3.2%	Buy below C$81.49 (0.0%)	58% 1038/1778	+4.5% / +9.3%	−32.8% / −51.7%
Connors %bLarry Connors & Cesar Alvarez · daily	IN	Sep 30, 2026 −2.1%	Sell above C$86.79 (+6.5%)	61% 58/95	+5.3% / +9.3%	−25.6% / −51.7%
Fisher TransformJohn F. Ehlers · daily	OUT	Oct 7, 2026 −0.7%	Enter above C$80.25 (−1.5%)	37% 389/1060	+5.1% / +9.3%	−30.6% / −51.7%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Aug 31, 2026 −4.9%	Sell above C$84.88 (+4.2%)	56% 72/128	+6.9% / +9.3%	−28.6% / −51.7%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 13, 2026 0.0%	Exit below C$81.49 (0.0%)	30% 199/661	+5.3% / +9.3%	−46.7% / −51.7%
Chaikin Money FlowMarc Chaikin · daily	IN	Oct 2, 2026 −3.1%	Not on one close	35% 70/200	+3.5% / +9.3%	−60.9% / −51.7%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Oct 9, 2026 +0.3%	Not on one close	53% 18/34	+2.3% / +9.3%	−36.7% / −51.7%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Jun 24, 2025 +99.3%	Exit below C$74.09 (−9.1%)	30% 45/148	+6.2% / +9.4%	−38.8% / −51.7%
Force IndexAlexander Elder · daily	OUT	Sep 23, 2026 −4.1%	Enter above C$83.22 (+2.1%)	30% 213/704	+8.4% / +9.3%	−33.0% / −51.7%
Buff AveragesBuff Dormeier · daily	OUT	Sep 25, 2026 −3.8%	Enter above C$104.01 (+27.6%)	33% 113/341	+6.3% / +9.3%	−38.5% / −51.7%
Chaikin OscillatorMarc Chaikin · daily	IN	Oct 9, 2026 +0.3%	Not on one close	37% 201/547	+1.6% / +9.3%	−64.0% / −51.7%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Jul 14, 2025 +99.4%	Not on one close	33% 32/97	+7.5% / +9.5%	−35.1% / −51.7%
Klinger OscillatorStephen J. Klinger · daily	IN	Oct 9, 2026 +0.3%	Not on one close	35% 333/947	+3.8% / +9.3%	−38.1% / −51.7%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Oct 16, 2025 +58.7%	Not on one close	52% 80/154	+1.4% / +9.3%	−59.3% / −51.7%
HikkakeDaniel L. Chesler · daily	OUT	May 21, 2026 +7.8%	Not on one close	39% 40/103	+3.4% / +9.3%	−40.9% / −51.7%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Jan 10, 2025 +97.8%	Not on one close	54% 30/56	+0.7% / +9.3%	−26.4% / −51.7%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +9.3%	Buys Oct 30	65% 28/43	+10.9% / +9.3%	−47.6% / −51.7%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 27, 2026 +12.5%	Enter above C$83.43 (+2.4%)	65% 28/43	+9.5% / +9.3%	−47.6% / −51.7%
Seasonal TimingSy Harding · daily	OUT	Apr 29, 2026 +13.0%	Window opens Oct 16	63% 27/43	+9.0% / +9.3%	−47.6% / −51.7%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +31.6%	Buys Dec 23	50% 22/44	+3.2% / +9.3%	−7.8% / −51.7%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 −3.1%	Buys Oct 29	49% 259/526	+5.4% / +9.3%	−19.8% / −51.7%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −2.1%	Sells Jun 30	45% 5/11	+3.6% / +9.3%	−25.3% / −51.7%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −6.1%	Buys Nov 24	51% 195/386	+2.7% / +9.3%	−10.2% / −51.7%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +160.3%	Not on one close	45% 9/20	+6.5% / +9.3%	−32.2% / −51.7%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	49% 1125/2284	+3.9% / +9.3%	−53.4% / −51.7%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −5.2%	Buys Oct 27	51% 177/348	+3.4% / +9.3%	−5.7% / −51.7%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −3.1%	Sells Oct 16	49% 265/541	+2.2% / +9.3%	−54.7% / −51.7%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+9.3%	−51.7%

If the market cracks: the storm test

How the storm test works

ExposureLow2 of 10 points

Market swings0/3
Past crashes1/2
Debt0/3
Run-up1/2

It fell about 1.3× as far as its index in past crashes.
It is up 112% in two years, a run-up size that crashed about half the time in history.

Past crashes, peak to low

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

IGM−50%

TSX−47%

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

IGM−47%

TSX−37%

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

IGM−23%

TSX−14%

Beta0.93Moves about 0.9× as much as the TSX week to week.
Downside capture41%In months the TSX fell, this fell 41% as much on average (it often rose anyway).
Two-year change+112%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
From 52-week high−10%
Debt to equity0.33×
Net debt / EBITDA0.7×Years of operating cash earnings it would take to pay off its debt.
Interest cover12.2×

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

Asset Management · IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.

Size and valuation
Market cap	C$18.8B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$4.6B	Total sales. The market values it at 4.1× sales.
P/E ratio	16.5×	Buyers pay C$16 for each C$1 of the last year's profit.
Forward P/E	13.4×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	2.0×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	25.2%	Keeps 25¢ of each dollar of sales as profit.
Revenue growth	+18.4%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	+7.7%	Same comparison for profit.
Return on equity	13.3%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	C$1.0B	Cash left after running and investing in the business.

Balance sheet
Total equity	C$8.9B	What it owns minus what it owes.
Total debt	C$3.0B	Loans and bonds it has to pay back, with interest.
Cash	C$1.7B	Cash and short-term investments on hand.
Debt to equity	0.33×	Comfortable.
Interest cover	12.2×	Interest is easily paid from profit.

Wall Street
Average analyst target	C$87.25	7% above the close, from 8 analysts (range C$78.00 to C$94.00).
Consensus rating	Hold	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	3.05%	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.

IGM: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Financials: 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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