E ADRs Best & Worst Report - July 6, 2016

  • The best sector across ADRs is utilities.
  • The top countries are Canada, Bermuda, and Brazil.

The average score across our universe of ADRs is 49.5. The average ADR in our universe is trading -23.97% below its 52 week high, 2.39% above its 200 dma, has 3.75 days to cover held short, and is expected to grow EPS by 17.5% in the next year.

The following chart shows the number of ADRs in our universe trading at least 5% below their 200 dma. When this indicator is trending higher, managers should position portfolios defensively. 

The next table highlights the best and worst scoring ADRs in our universe. Important: scores reflect the shift to third quarter seasonality and that's affected leadership.

(Click on image to enlarge)

Utilities (NGG, KEP, SBS, EDN) and basics (SUBCY, SNP, SID, HMY, ECA, TS, GOLD, GFI, DRD, CNQ, CEO) are top scoring in ADRs. Healthcare, consumer goods, technology, and financials score in line with the average ADR. Stay zone, region, and country specific in those baskets. Services and industrials score poorly. 

The best zones are North America (RY, BMO, BCE) and Latin America (OMAB, BMA, PAC, GGAL, UGP, CIB, BBD, CRESY, CCU, SID). North America, Latin America, and So. Asia (HDB, TTM, INFY, RDY, TLK, PHI) are the top scoring regions. Canada, Bermuda (AXS), Brazil (UGP, BBD, SID), Russia (ROSYY, LUKOY), and Norway (SUBCY, STO) are the strongest countries. 

Disclosure: None.

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