Relative strength is an important and often misunderstood investment thesis. In 1998 UCLA professors Narisimhan Jegadeesh and Sheridan Titman did some tests utilizing relative strength over several different time frames. They found a direct statistically significant correlation between relative strength and later price performance up to 12 months later. The most consistent period for defining the initial relative strength was six months.

Today I’ll rank International markets by relative strength over 4 time frames. The sort is by 12 month relative strength.

The last time I ran this report was on June 5, 2013. Compare HERE!