HRight here at CryptocurrenciesChannel.com we discover it attention-grabbing to observe totally different ETF and inventory costs versus totally different digital property over time.
We seen that as of 05/16/2022, Litecoin ($LTC) was in a position to purchase you the least quantity of shares of Cavco Industries prior to now yr. For instance, if in case you have 1 Litecoin coin and need to use the proceeds to purchase shares of CVCO (image: CVCO), you possibly can solely purchase 0.29 shares of CVCO. This contrasts with a excessive share of 1.42 shares within the final twelve months. That is what this relationship appears like over the previous yr:
In fact, the principle driver of the above bar chart was the efficiency of Cavco Industries shares relative to Litecoin’s efficiency; and this is how the 2 examine over the previous yr on a complete return foundation:
For extra charts, see our historic Litecoin value chart and Cavco Industries vs. Crypto pages. Word that each one inventory splits and/or dividends are taken under consideration when calculating CVCO returns.
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