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:
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!
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