• The best sectors across ADRs are utilities, services, and technology.
  • The top countries are Canada, Taiwan, and So. Africa.
  • The average ADR score is 48.33 and that’s above the four week and eight week average score of 49.73 and 45.83, respectively.

    The average ADR in our universe is trading -28.45% below its 52 week high, 1.11% above its 200 dma, has 3.6 days to cover held short, and is expected to grow EPS by 13.22% in the coming year.

    The following table highlights the top and bottom scoring ADRs in our universe.

    Utilities (ENI, CPL, EOC), services (UGP, DEG/AHONY, OMAB, CPA, VLRS, ICLR, CTRP), and technology (TEO, NICE, MBT, TSM,SPIL, HIMX, SAP, INFY, LPL, CMCM) score best in ADRs. Industrial goods and basics score in line with the average ADR. Healthcare, consumer goods, and financials score poorly.

     The top scoring zones remain North America (BMO, BCE, CNQ) and Africa (DRD, GOLD). North America, Sub-Saharan Africa, and Central & Eastern Europe (MBT, LUKOY) are the best regions. Canada (BMO, BCE, CNQ), Taiwan (TSM, SPIL, HIMX), So. Africa (DRD, GOLD), Chile (ENI, EOC, LFL), and Russia (MBT, LUKOY) are the highest scoring countries.