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Country and Industry-Level Performance of NASDAQ-Listed European and Asia Pacific ADRs

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  • Mark Schaub

Abstract

This study examines the 3-year performance of NASDAQ-Listed Asia Pacific and European ADRs versus the NASDAQ Index and their respective regional indexes from 1990-2010. Country specific performance results show ADRs from China, Japan and Ireland performed best versus the US and regional benchmarks. Industry-level results show the best industry performers were in the Technology Hardware & Services industry and in Energy companies.

Suggested Citation

  • Mark Schaub, 2018. "Country and Industry-Level Performance of NASDAQ-Listed European and Asia Pacific ADRs," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(6), pages 122-126, June.
    • Handle: RePEc:ibn:ijefaa:v:10:y:2018:i:6:p:122-126
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    American depositary receipts; regional indexes; international diversification; country analysis; industry analysis;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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