Our top scoring ADRs from one year ago (8/12/2013) have outpaced the EFA by 2,524 bps in the past year. Returns have been led by BMA up 129%, YPF up 104%, NOK up 96%, and BIDU up 56%.

ADRs Best & Worst Report                 

The average score across ADRs is 52.81 this week, below the four week moving average score of 55.70. The average ADR is trading -19.05% below its 52 week high, -1.50% below its 200dma, has 4.26 days to cover held short, and is expected to post EPS growth of 21.22% next year.

The best scoring sector across our ADR universe is financials (KB, RY, GGAL, RBS, IRS, BMA, BBD, ITUB, CIB). Basic materials (SNP, PTR, GOLD, PZE, CEO, PKX, YPF, PBR) also score above average. Utilities and technology score in line. Healthcare, services, consumer goods, and industrial goods score below average.

The top scoring zone is North America/Canada (RY, PSDV, BMO, ECA), followed by LatAm (OMAB, PAC, GGAL, GOL, IRS, BMA, BBD, CRESY, BRFS, PZE). The best regions are North America, LatAm, and South Asia (PHI, INFY, TLK, HDB, IBN). The highest scoring countries include Argentina (GGAL, IRS, BMA, CRESY, PZE, APSA, YPF), Korea (KB, KEP, KT, LPL, SKM, PKX), Canada (RY, BMO, ECA, BCE), and Mexico (OMAB, PAC, SIM).