Home Lite Coin Computerized knowledge processing now the most costly in comparison with Litecoin this 12 months

Computerized knowledge processing now the most costly in comparison with Litecoin this 12 months

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Computerized knowledge processing now the most costly in comparison with Litecoin this 12 months

HRight here at CryptocurrenciesChannel.com we discover it attention-grabbing to comply with completely different ETF and inventory costs versus completely different digital property over time.

We observed that as of 04/27/2022, Litecoin ($LTC) was in a position to purchase you the least quantity of Computerized Knowledge Processing shares previously 12 months. For instance, when you had 1 Litecoin coin and needed to purchase shares of ADP (image: ADP) with the proceeds, you could possibly solely purchase 0.45 shares of ADP. This compares to a excessive quantity of two.00 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 Computerized Knowledge Processing inventory relative to Litecoin’s efficiency; and here is how the 2 examine over the previous 12 months on a complete return foundation:

ADP returns vs Litecoin

For extra charts, see our historic Litecoin worth chart and Computerized Knowledge Processing vs. Crypto pages. Observe that any inventory splits and/or dividends are taken under consideration when calculating ADP returns.

You’ll want to comply with us on CryptocurrenciesChannel.com for extra attention-grabbing comparisons between inventory markets and digital property!

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

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