ADRs Best & Worst Report - September 22, 2014

The best scoring ADRs from one year ago (9/23/2013) returned an average 19.62%, 13.51% better than the MSCI EAFE index EFA. The best performing from our list have been BMA up 89%, YPF up 75%, and GGAL up 50%.

The average score across our ADR universe is 52.63 this week, below the four week moving average score of 54.75. The average ADR is trading -18.98% below its 52 week high, -1.74% below its 200 dma, has 4.27 days to cover held short, and is expected to post EPS growth of 18.31% next year.

Financials (BMO, RY, GGAL, BMA, ING) are the best scoring sector across ADRs, followed by healthcare (RDY, SHPG, NVO, NVS, SNY, FLML) and basic materials (PZE, PTR, YPF, PKX, PBR, ACH, SHI). Technology scores in line with the average universe score. Services, consumer goods, industrial goods, and utilities score below average.

The top scoring zone is North America (BMO, RY, BCE, ECA), followed by Asia (INFY, KEP, NTES, BIDU, RDY, LPL, KT, DCM, WNS, TTM, PTR, SKM, PHI, NZTCY, CHL, TM, PKX). The best scoring regions include North America, South Asia (INFY, RDY, WNS, TTM, PHI, IBN), and UK/Ireland (SHPG, HBCGX, ICLR, ARMH, RUK, RBS). Canada (BMO, RY), Argentina (PZE, GGAL, BMA, APSA, BFR, YPF, EDN), Korea (KEP, LPL, KT, SKM, PKX), Finland (NOK, MXCYY), and Norway (NHYDY, STO) are the highest scoring countries.

 

Disclosure: None.

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