ADR

Plain-language meaning

An American Depositary Receipt represents an interest in shares of a non-U.S. issuer and trades in the United States.

Why it is useful

ADR is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.

Where it appears in XMarketRadar

Look for ADR in United States company intelligence, filings, official-data and exact NASDAQ/NYSE listing research.

How it is calculated or sourced

ADR comes from the named regulator, exchange, filing system, broker record or official publication. XMarketRadar preserves the source identity and date rather than translating absence into a value.

Inputs, period and unit

Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.

Worked example

Illustrative only: An ADR ratio of 2 depositary receipts for 1 home-market share means 20 ADRs represent 10 underlying shares before fees and currency effects.

What high and low mean

A higher or lower ADR value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.

Positive, negative and genuine zero

Positive and negative ADR values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.

When it is unavailable

Unavailable (—) means ADR is absent, unsupported, stale under the screen's rules or not computable from verified inputs. It must never be converted to zero or a neutral signal.

Limitations and common mistakes

Rules and filing timetables can change. ADR should be checked against the linked official source; a glossary summary is not legal, tax or regulatory advice.

Market-specific differences

This entry is U.S.-specific (USA). Keep NASDAQ/NYSE identity and SEC/FINRA context; do not substitute another jurisdiction's filing or broker rules.

Related terms

Use the related-term links on this page to compare ADR with neighbouring definitions while retaining each term's distinct source, unit and limitations.

Suggested next steps

Open the related United States terms below, then follow the matching Help Centre task guide and inspect ADR on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.

Educational information only; not investment advice or an order service.

This ADR tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.