The average score across ADRs this week is 43.68, below the four week moving average score of 47.77. Scores are in the process of retreating to actionable levels in the low 40's -- see the following chart which shows post-recession score lows.

The average ADR score is 54.91 this week, below the four week moving average score of 56.81. The average ADR is trading -17.26% below its 52 week high, 0.69% above its 200 dma, has 4.26 days to cover held short, and is expected to grow EPS by 19.85% next year.

The average score across our ADR universe is 58.34, ABOVE the four week moving average score of 58. The average ADR is trading -15.55% below its 52 week high, 2.69% above its 200 dma, has 4.26 days to cover held short, and is expected to post EPS growth of 19.7% next year.

The best scoring ADRs from one year ago (7/22/2013) returned 2,180 bps more than the EFA in the past year. Returns have been led by SHPG up 150%, YPF up 126%, NOK up 106%, and BIDU up 74%

The average score across our ADR universe is 45.83, slightly lower than the four week moving average score of 46.20.

The average score across our ADR universe is 45.48, above the four week moving average score of 44.74. The average ADR is trading -16.12% below its 52 week high, 1.79% above its 200 dma, has 3.8 days to cover held short, and is expected to post EPS growth of 21.84% next year.