Work out the geometry so that the ball stays straight when lifted.
That means that where the toplink hooks up to your attachment will be LOWER than normal.
Because the way the 3PH is designed currently, and most implements.....when you raise....the tail of the implement (think tailwheel of a bush hog) raises MORE than the front. Its intentional to give it pitch to clear the ground when crossing uneven terrain or loading on a trailer.
All of which is not needed for a trailer mover. So if you make it stay exactly vertical through out its range, it actually wont loose any lift capacity getting further away from the tractor. BUT.....it will take more weight off the front axle, and since you are pushing max anyway, keeping it as close as you can would be best.
But there is no easy answer to your question because there are too many variables from tractor to tractor. But in general, the highest and the lowest points will yield the most lift force. Because the arms are traveling in an arc (which is just a "part" of a circle.)
So when you think about it like that, when the arms are perfectly parallel to the ground, is when it requires the most force to lift something.
AS you near the top of the travel, you are not lifting straight. ITs actually lifting and moving closer to the tractor.
In otherwords.......when the arms are straight parallel.....and you raise the hitch 6"....you are effectively lifting the trailer ~6".
When you are near the top of travel, and you raise 6"......you might only be raising the trailer 4" and 2" forward. So as things relate to gravity, with the same movement of the hydraulics, you are actually doing less work. IE: greater mechanical advantage.
Usually its not significant enough to worry about because its splitting hairs. But that sounds like what you need nearing maximum rating.
So, in a nutshell, I'd shoot for the upper rage of your travel. Because the combination of it moving the lift point as close to the tractor as it can, as well as a slight capacity increase, is gonna be your best bet for success. But I'd keep the jack on the trailer pretty close to the ground as it will sorta act like a wheelie bar.
And a front loader or front weights is a must lifting that kind of weight with such a small tractor....