Here at CryptocurrenciesChannel.com, we discover it attention-grabbing to trace varied ETF and inventory costs versus varied digital property over time.
We seen that as of 5/15/2022, Litecoin ($LTC) should buy you the least quantity of Provider World shares, up to now yr. For instance, in the event you had 1 Litecoin coin and wished to purchase shares of CARR(Image: CARR) with the proceeds, you’d solely have the ability to purchase 1.67 shares of CARR. That is versus a excessive quantity of 6.91 shares over the trailing twelve months. Here is how this relationship seems charted, over the previous yr:
The principle driver of the above bar chart has, after all, been the efficiency of Provider World 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 Carrier Global vs Crypto pages for extra charts.
Be aware that any inventory splits and/or dividends are included once we calculate the CARR returns.
Be sure you observe us at CryptocurrenciesChannel.com for extra attention-grabbing 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.