Best And Worst ADRs- Monday, Feb. 13
- The best sector in ADRs is financials.
- The top countries are Hong Kong, Norway, and Russia.
The average score across our ADR universe is 56.37. For perspective, the average score over the past four and eight weeks is 53.81 and 52.20, respectively. The average ADR is trading -13.58% below its 52 week high, 5.41% above its 200 dma, has 3.09 days to cover short, and is expected to grow EPS by 18.32% in the coming year.
The following chart shows the number of ADRs in our coverage trading more than 5% below their 200 dma. It provides insight into potential market turning points, and could be suggesting the market is getting short-term overbought.
The best scoring sector in ADRs is financials (CS, WBK, RY, NABZY, ANZBY, GGAL, BBVA). Industrial goods (WOSYY, HCMLY) and healthcare (GWPH, LUX, EDAP) also score above average. Basic materials score in line with the average ADR score. Technology, services, consumer goods, and utilities score below average.
North America (BMO, RY) and Europe (GWPH, BP, DASTY, ICLR, LUX, WOSYY, CS, BUD, BBL) are the top scoring zones this week. Central & Eastern Europe (MBT, MTL) and No. America are the strongest regions. Hong Kong (OIIM, SMI, MPEL), Norway (NHYDY, PGSVY), Russia (MBT, MTL), Canada (BMO, RY), and Bermuda (GSOL) are the best countries to buy.
The following ADRs score best and worst in our universe this week.
(Click on image to enlarge)
Disclosure: None.
Thanks for sharing