It's hard to say really. There is no objective best. It is more relative to the application. No one battery is best suited to all situations. That is why there are so many different kinds of batteries. Even in the seemingly limited range of requirements field of portable lighting we use a vast array cells. For the most part the cells used here are a balance of attributes. (price point, availability, voltage, capacity, draw rate, cycles, operating temp range, safety, stability, size, shape, weight, self-discharge, shelf life, etc.) For example Nimh is capable of high draw rates, high capacity, but have low voltage and discharge themselves over time (this can be avoided by using LSD cells, but at the cost of capacity). Lithium-ion on the other hand has high voltage, moderate current capability but comparatively poor capacity. Think of it like adaptation and environment in relation to animals. It is survival fittest (best adapted to it's environment). If one cell was truly superior the competition would eventually cease to exist. Instead of asking "which battery is best" ask "what niche does this fill best".