Here at CryptocurrenciesChannel.com, we discover it fascinating to trace numerous ETF and inventory costs versus numerous digital belongings over time.
We observed that as of 5/13/2022, Litecoin ($LTC) should purchase you the least quantity of Sonos shares, up to now yr. For instance, in case you had 1 Litecoin coin and wished to purchase shares of SONO(Image: SONO) with the proceeds, you’d solely be capable of purchase 3.19 shares of SONO. That is versus a excessive quantity of 9.66 shares over the trailing twelve months. This is how this relationship seems to be charted, over the previous yr:
The principle driver of the above bar chart has, in fact, been the efficiency of Sonos shares, relative to the efficiency of Litecoin; and here is how the 2 evaluate over the previous yr on a complete return foundation:
Try our Litecoin historical price chart and Sonos vs Crypto pages for added charts.
Be aware that any inventory splits and/or dividends are included once we calculate the SONO returns.
Remember to observe us at CryptocurrenciesChannel.com for extra fascinating inventory market vs. digital asset comparisons!
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
