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Here at CryptocurrenciesChannel.com, we discover it fascinating to trace numerous ETF and inventory costs versus numerous digital property over time.
We seen that as of 5/9/2022, Litecoin ($LTC) should buy you the least quantity of Goldman Sachs Group shares, prior to now yr. For instance, in case you had 1 Litecoin coin and wished to purchase shares of GS(Image: GS) with the proceeds, you’ll solely be capable to purchase 0.29 share of GS. That is versus a excessive quantity of 1.08 shares over the trailing twelve months. Here is how this relationship appears charted, over the previous yr:
The principle driver of the above bar chart has, in fact, been the efficiency of Goldman Sachs Group shares, relative to the efficiency of Litecoin; and here is how the 2 examine over the previous yr on a complete return foundation:
Take a look at our Litecoin historical price chart and Goldman Sachs Group vs Crypto pages for extra charts.
Notice that any inventory splits and/or dividends are included once we calculate the GS returns.
Make sure to comply with 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 creator and don’t essentially mirror these of Nasdaq, Inc.
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