I am curious. I don’t think it should be static across all stocks. Like, if a company has a 5% ADR I would place a higher ratio than a huge market cap company with low ADR I would also look into it’s intrinsic value too like how “Investing with Tom“ does on YouTube. I would also look at ADR over the last 3 months and likely intrinsic value over the last year as I swing trade.
Leave a Reply