Weekly Report: Best And Worst ADRs
The best scoring ADRs from one year ago (2/4/2013) returned 20.95% this past year, 8.8% more than the MSCI EAFE, with 0% turnover. The top performers have been HIMX up 432%, MPEL up 97%, GA up 94%, TRIB up 62%, SHPG up 45%, and ICLR up 45%.
Weekly ADR Report
The average ADR score is 43.85, below the four week moving average score of 49.28 and the lowest score since last summer (see chart). The average ADR is trading 22% below its 52 week high, -2.2% below its 200 dma, has 3.68 days to cover short, and is expected to post EPS growth of 20% next year.
The following chart shows the average weekly ADR score since 2010.
This next chart shows the number of ADR's currently trading more than 5% below their 200 dma (contra indicator).
| ADRS | 2/3/2014 | 4 Week MA | ||||||
| Company Name | Symbol | Sector | INDUSTRY | REGION | COUNTRY | ZONE | SCORE | SCORE |
| BEST | ||||||||
| Infosys Technologies | INFY | TECHNOLOGY | Software&ComputerSvc | South Asia | India | Asia | 100 | 101.25 |
| Giant Interactive Group | GA | SERVICES | Leisure Goods | North Asia | China | Asia | 95 | 92.50 |
| Gentium | GENT | HEALTHCARE | Pharma. & Biotech. | Continental Europe | Italy | Europe | 95 | 92.50 |
| Melco Crown Entertainment | MPEL | SERVICES | Travel & Leisure | North Asia | Hong Kong | Asia | 95 | 93.75 |
| PSIVIDA LTD | PSDV | HEALTHCARE | Drug Delivery | North America | United States | North America | 90 | 92.50 |
| Edap | EDAP | HEALTHCARE | HealthCareEquip.&Ser | Continental Europe | France | Europe | 85 | 78.75 |
| GRUMA - B Shares | GMK | CONSUMER GOODS | Food Producers | Latin America | México | Latin America | 85 | 82.50 |
| Himax Technologies | HIMX | TECHNOLOGY | Electron.&ElectricEq | North Asia | Taiwan | Asia | 85 | 82.50 |
| JINPAN INT'L | JST | TECHNOLOGY | Diversified Electronics | North Asia | China | Asia | 85 | 76.25 |
| Nidec | NJ | INDUSTRIAL GOODS | Electron.&ElectricEq | North Asia | Japan | Asia | 85 | 88.75 |
| Novo Nordisk | NVO | HEALTHCARE | Pharma. & Biotech. | Continental Europe | Denmark | Europe | 85 | 81.25 |
| Semiconductor Manufacturing International | SMI | TECHNOLOGY | Tech.Hardware&Equip. | North Asia | Hong Kong | Asia | 85 | 88.75 |
| Spreadtrum Communications | SPRD | TECHNOLOGY | Tech.Hardware&Equip. | North Asia | China | Asia | 85 | 85.00 |
| Teva Pharmaceutical Industries | TEVA | HEALTHCARE | Pharma. & Biotech. | Middle East/N. Africa/the Gulf | Israel | Middle East | 85 | 83.75 |
| Trinity Biotech | TRIB | HEALTHCARE | HealthCareEquip.&Ser | United Kingdom & Ireland | Ireland | Europe | 85 | 83.75 |
| Hong Kong Television Network | HKTV | TECHNOLOGY | Fixed Line Telecom. | North Asia | Hong Kong | Asia | 80 | 76.25 |
| ICON | ICLR | SERVICES | HealthCareEquip.&Ser | United Kingdom & Ireland | Ireland | Europe | 80 | 66.25 |
| China Finance Online | JRJC | SERVICES | Software&ComputerSvc | North Asia | China | Asia | 80 | 77.50 |
| Natuzzi | NTZ | CONSUMER GOODS | HouseGoods&HomeConst | Continental Europe | Italy | Europe | 80 | 77.50 |
| Dr. Reddy's Laboratories | RDY | HEALTHCARE | Pharma. & Biotech. | South Asia | India | Asia | 80 | 77.50 |
| Wipro | WIT | TECHNOLOGY | Software&ComputerSvc | South Asia | India | Asia | 80 | 82.50 |
| Elan | ELN | HEALTHCARE | Pharma. & Biotech. | United Kingdom & Ireland | Ireland | Europe | 75 | 78.75 |
| Fresenius Medical Care - Com | FMS | HEALTHCARE | HealthCareEquip.&Ser | Continental Europe | Germany | Europe | 75 | 78.75 |
| Netease.com | NTES | TECHNOLOGY | Software&ComputerSvc | North Asia | China | Asia | 75 | 85.00 |
| O2Micro International | OIIM | TECHNOLOGY | Tech.Hardware&Equip. | North Asia | Hong Kong | Asia | 75 | 73.75 |
| Royal Bank of Canada | RY | FINANCIALS | Money Center Banks | North America | Canada | North America | 75 | 72.50 |
| Smith & Nephew | SNN | HEALTHCARE | HealthCareEquip.&Ser | United Kingdom & Ireland | United Kingdom | Europe | 75 | 78.75 |
| WARNER CHILCOTT | WCRX | HEALTHCARE | Drug Manufacturers | United Kingdom & Ireland | Ireland | Europe | 75 | 75.00 |
| WORST | ||||||||
| Advantest | ATE | TECHNOLOGY | Tech.Hardware&Equip. | North Asia | Japan | Asia | 10 | 11.25 |
| BBVA Banco Frances | BFR | FINANCIALS | Banks | Latin America | Argentina | Latin America | 10 | 28.75 |
| Head - New York Shares | HEDYY | CONSUMER GOODS | Leisure Goods | Continental Europe | Netherlands | Europe | 10 | 17.50 |
| Harmony Gold | HMY | BASIC MATERIALS | Mining | Sub-Saharan Africa | South Africa | Africa | 10 | 17.50 |
| Rediff.com India | REDF | TECHNOLOGY | Software&ComputerSvc | South Asia | India | Asia | 10 | 16.25 |
| Soc. Quimica y Minera de Chile - B Shares | SQM | BASIC MATERIALS | Chemicals | Latin America | Chile | Latin America | 10 | 15.00 |
Commentary:
The best ADR sector is healthcare (PSDV, TRIB, TEVA, NVO, EDAP, RDY). Services (MPEL, GA, JRJC, ICLR) and technology (INFY, SPRD, SMI, JST, HIMX, WIT, HKTV) also score above average. Industrials, utilities, consumer goods, financials and basics score below average.
The best scoring zone is No. America/Canada (PSDV, RY, TU, BMO), followed by the Middle East (TEVA). The top region is No. America, followed by MENA, and the UK/Ireland (TRIB, ICLR, SNN, RUK, AZN). The best scoring countries are Hong Kong (MPEL, SMI, HKTV, OIIM), Ireland (TRIB, ICLR), Italy (NTZ, LUX), and Bermuda (SIG).
None.
Comments
