The best scoring ADRs from 1 year ago have — on average — outpaced the EFA over the following year by 1097 bps. Of our top scoring from one year ago, the top performers have been AZN up 47% and TRIB up 40%.
The average score across our ADR universe is 45.21, above the four week moving average score of 44.70. The average ADR is trading -16.17% below its 52 week high, 1.68% above its 200 dma, has 4.27 days to cover held short, and is expected to post EPS growth of 22.57% next year.
Summer is historically a period marked by relative outperformance for the MSCI EAFE to the S&P 500.
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