Here at CryptocurrenciesChannel.com, we discover it fascinating to trace numerous ETF and inventory costs versus numerous digital belongings over time.
We observed that as of 4/28/2022, Litecoin ($LTC) can purchase you the least quantity of Waste Administration shares, up to now yr. For instance, in the event you had 1 Litecoin coin and wished to purchase shares of WM(Image: WM) with the proceeds, you’d solely have the ability to purchase 0.60 share of WM. That is versus a excessive quantity of two.75 shares over the trailing twelve months. This is how this relationship appears to be like charted, over the previous yr:
The principle driver of the above bar chart has, in fact, been the efficiency of Waste Administration shares, relative to the efficiency of Litecoin; and this is how the 2 examine over the previous yr on a complete return foundation:
Take a look at our Litecoin historical price chart and Waste Management vs Crypto pages for extra charts.
Be aware that any inventory splits and/or dividends are included once we calculate the WM 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.