The average ADR score is 44.07 and that’s above both the four week and eight week average scores of 43.61 and 43.84, respectively. The average ADR in our universe is trading -27.13% below its 52 week high, -5.86% below its 200 dma, has 4.54 days to cover held short, and is expected to grow its EPS by 10% in the coming year.
The following table shows the best and worst scoring ADRs in our universe.
The best ADR sector is services (HMIN, VLRS, EDU, DEG, AHONY). Industrial goods (KUBTY, ERJ, NJ, DNZOY), consumer goods (FBR, BUD, FMX, NSANY, ITYBY, UPMKY, TTM), and healthcare (RHHBY, LUX, EDAP, SNN, NVO) also score above the universe average score. Technology scores in line with the average universe score. Financials, basic materials, and utilities score below average.
North America (RY, BCE, BMO) and the Middle East (PTNR, NICE) are the strongest zones. The top regions are No. America, UK/Ireland (ARMH, BT, ITYBY, RUK, PUK, BTI), and MENA. Bermuda (GSOL, SIG, SFL), Hong Kong (SMI), Canada (RY, BCE, BMO), Finland (UPMKY, NOK), and Germany (SAP, AIXG, are the top scoring countries.
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