HRight here at CryptocurrenciesChannel.com we discover it fascinating to observe completely different ETF and inventory costs versus completely different digital property over time.

We seen that as of 5/9/2022, Litecoin ($LTC) was capable of purchase you the least quantity of Goldman Sachs Group inventory up to now 12 months. For instance, in the event you had 1 Litecoin coin and wished to purchase shares of GS (image: GS) with the proceeds, you may solely purchase 0.29 shares of GS. This contrasts with a excessive share of 1.08 shares within the final twelve months. That is what this relationship seems like over the previous 12 months:

In fact, the principle driver of the above bar chart was the efficiency of Goldman Sachs Group shares relative to Litecoin’s efficiency; and here is how the 2 examine over the previous 12 months on a complete return foundation:

, Comparability of Litecoin with Goldman Sachs Group reveals new excessive

For extra charts, see our historic Litecoin value chart and the Goldman Sachs Group vs. Crypto pages. Be aware that each one inventory splits and/or dividends are taken under consideration when calculating GS returns.

You’ll want to observe us on CryptocurrenciesChannel.com for extra fascinating comparisons between inventory markets and digital property!

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

, Comparability of Litecoin with Goldman Sachs Group reveals new excessive

, Comparability of Litecoin with Goldman Sachs Group reveals new excessive

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