Is it possible to know the strongest stock in the world at any time? The answer is yes. Using the Inch Platform (https://datascollector.inchcapital.com/index.php), it is possible in a few seconds to list the stocks of 71 countries, including those listed on the local stock exchanges. The list is made for trend / momentum DSS scores (https://inchcapital.com/professional-investors-services/).
In this way, we get a list about 75,000 shares. However, why about 75,000 and not as an absolute number? Because every day there are new quotations with stocks that are delisted and therefore the total number changes daily.
It should also be noted that in order to give an objective response in terms of strength, neutrality and weakness, it is necessary to have a sufficiently long daily time series to activate the parameters set by the trend / momentum DSS.
Therefore, the number of 75,000 shares must be interpreted by default because there are stocks that will enter the ranking over time, based on a sufficient daily time series.
Now the strongest stock in the world for trend and acceleration is a Korean stock Daeho AL Co Ltd isin code KR7069460004. The company is engaged in the production and distribution of aluminum products InchCapital Platform – Daeho AL Co Ltd isin code KR7069460004.
Daeho AL Co Ltd isin code KR7069460004 – daily closing KRW 6190 – May 4th, 2018.
For the short term (daily time series), the DSS is bullish since March 2, 2018 and therefore from the opening of the next session of March 5, 2018, i.e. from KRW 1250 without currently showing any exit or sell signals. The next target is KRW 7433 with stop at KRW 4303.
Daeho AL Co Ltd isin code KR7069460004 – Weekly bar chart – May 4th, 2018.
For the medium / long-term (weekly time series) the DSS is bullish starting March 16, 2018 and therefore from KRW 1995 also in this case there are currently no exit and sell signals. The next bullish target is KRW 7784 with stop at KRW 2729.