Since 2010, the average return of our weekly best scoring ADRs have outpaced the MSCI EAFE by a median 393 bps over the following year, with no turnover.
The average ADR score is 50.41, which is above our four week moving average score of 47.48. The average ADR is trading -23.05% below its 52 week high, -2.72% below its 200 day moving average, has 3.28 days to cover held short, and is expected to grow EPS by 16.01% in the next year.
The best scoring sector across our ADR universe is healthcare (LUX, RDY, NVS, SHPG, PSDV). Services (OMAB, ICLR, RUK, ENL, DEG, AHONY, MPEL), consumer goods (UPMKY, SNE, TM, SEOAY, TTM, BUD), and financials (HDB, BCS, GGAL, BMA, AXS, PUK, RY, IBN, BMO, BFR) also score higher than the average universe score. Technology scores in line. Industrial goods, utilities, and basic materials score below average.
Across our ADR universe, the top zones are North America (BCE, PSDV, RY, BMO) and Europe (ARMH, ICLR, LUX, STM, ASMI, RUK, ENL, DEG,UPMKY, AHONY, CRH, BCS, BT, ANW, NVS, SEOAY). The best regions in the world are North America, South Asia (WIT, RDY, HDB, INFY, TTM, IBN), and the UK/Ireland (ARMH, ICLR, RUK, CRH, BCS, BT, RYAAY, PUK). The top scoring countries include Ireland (ICLR, CRH, RYAAY), Hong Kong (MPEL, OIIM), Taiwan (SPIL, TSM, ASX), Bemuda (AXS, GSOL, SIG), and Finland (UPMKY, SEOAY).
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