HRight here at CryptocurrenciesChannel.com we discover it attention-grabbing to observe completely different ETF and inventory costs versus completely different digital property over time.
We observed that as of 05/13/2022, Litecoin ($LTC) was capable of purchase you the least quantity of Tapestry inventory previously 12 months. For instance, should you had 1 Litecoin coin and needed to purchase shares of TPR (image: TPR) with the proceeds, you could possibly solely purchase 2.26 shares of TPR. This contrasts with a excessive variety of 6.99 shares within the final twelve months. That is what this relationship appears to be like like over the previous 12 months:
After all, the principle driver of the above bar chart was the efficiency of Tapestry inventory relative to Litecoin’s efficiency; and here is how the 2 evaluate over the previous 12 months on a complete return foundation:
For extra charts, see our historic Litecoin worth chart and the Tapestry vs Crypto pages. Observe that each one inventory splits and/or dividends are taken into consideration when calculating TPR returns.
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