Here at CryptocurrenciesChannel.com, we discover it fascinating to trace varied ETF and inventory costs versus varied digital property over time.
We seen that as of 5/13/2022, Litecoin ($LTC) should purchase you the least quantity of Sonos shares, up to now 12 months. For instance, when you had 1 Litecoin coin and wished to purchase shares of SONO(Image: SONO) with the proceeds, you’d solely be capable of purchase 3.19 shares of SONO. That is versus a excessive quantity of 9.66 shares over the trailing twelve months. Here is how this relationship seems charted, over the previous 12 months:
The principle driver of the above bar chart has, after all, been the efficiency of Sonos shares, relative to the efficiency of Litecoin; and this is how the 2 examine over the previous 12 months on a complete return foundation:
Try our Litecoin historical price chart and Sonos vs Crypto pages for extra charts.
Word that any inventory splits and/or dividends are included after we calculate the SONO returns.
Make sure to observe us at CryptocurrenciesChannel.com for extra fascinating inventory market vs. digital asset comparisons!
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
