Home Lite Coin Viatris now the costliest vs Litecoin this yr

Viatris now the costliest vs Litecoin this yr

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Viatris now the costliest vs Litecoin this yr

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

We seen that as of 5/20/2022, Litecoin ($LTC) was in a position to purchase you the least quantity of Viatris inventory up to now yr. For instance, should you had 1 Litecoin coin and needed to purchase shares of VTRS (image: VTRS) with the proceeds, you can solely purchase 5.97 shares of VTRS. This contrasts with a excessive variety of 19.83 shares within the final twelve months. That is what this relationship appears to be like like over the previous yr:

After all, the primary driver of the above bar chart was the efficiency of Viatris inventory relative to Litecoin’s efficiency; and this is how the 2 examine over the previous yr on a complete return foundation:

VTRS returns vs Litecoin

For extra charts, see our historic Litecoin value chart and the Viatris vs Crypto pages. Observe that each one inventory splits and/or dividends are taken into consideration when calculating VTRS returns.

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 replicate these of Nasdaq, Inc.

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