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 buy you the least quantity of Sonos shares, prior to now yr. For instance, when you had 1 Litecoin coin and wished to purchase shares of SONO(Image: SONO) with the proceeds, you’d solely have the ability to purchase 3.19 shares of SONO. That is versus a excessive quantity of 9.66 shares over the trailing twelve months. This 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 Sonos shares, relative to the efficiency of Litecoin; and here is how the 2 evaluate over the previous yr 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.
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