HRight here at CryptocurrenciesChannel.com we discover it fascinating to comply with totally different ETF and inventory costs versus totally different digital belongings over time.
We seen that as of 4/28/2022, Litecoin ($LTC) was capable of purchase you the least quantity of Microsoft inventory previously 12 months. For instance, when you’ve got 1 Litecoin coin and wish to use the proceeds to purchase shares of MSFT (image: MSFT), you possibly can solely purchase 0.35 shares of MSFT. This contrasts with a excessive share of 1.54 shares within the final twelve months. That is what this relationship seems like over the previous 12 months:
After all, the principle driver of the bar chart above was the efficiency of Microsoft shares relative to Litecoin’s efficiency; and this is how the 2 examine over the previous 12 months on a complete return foundation:
For extra charts, see our historic Litecoin worth chart and Microsoft vs Crypto pages. Be aware that each one inventory splits and/or dividends are taken under consideration when calculating MSFT returns.
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.