The best-rated sectors in our ADR universe include services (RYAAY, GOL, SIG, ADRNY), utilities (EBR, ELP), basic materials (LUKOY, SID), and consumer goods (APHQF, TM). Financials score in line with the average universe score. Industrial goods, healthcare, and technology score below average.
Average scores can go lower (see 2013 and 2015), but, historically, readings below 40 have been a good time to add to portfolios. This week, the average score is 37.90.
Zone, region & country ranking
The top zones/regions are North America (APHQF, BMO) and the Middle East (PTNR). The top-ranked countries are Bermuda (SIG), Canada (APHQF), Brazil (SID), Finland (UPMKY), and Russia (LUKOY).
ADR Ranking:
The following ADRs score best and worst in our universe: