Price movement of major telecom players over the past week and the last 6 months.

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 ADR score is 42.48, below the four week moving average score of 45.91. The average ADR is trading -17.68% below its 52 week high, 1.13% above its 200 dma, has 3.65 days to cover held short, and is expected to grow EPS by 25% next year.