Buying Power of Cardano vs. Hewlett Packard at New 52-Week Low
By CryptocurrenciesChannel Staff, 12/1/2022
Here at CryptocurrenciesChannel.com
, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 12/1/2022, Cardano ($ADA) can buy you the least
amount of Hewlett Packard shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of HPE with the proceeds, you would only be able to buy 1.90 shares of HPE. That's versus a high amount of 11.50 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Hewlett Packard shares, relative to the performance of Cardano; and here's how the two compare over the past year on a total return basis:
Check out our Cardano historical price chart
and Hewlett Packard vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the HPE returns.
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for more interesting stock market vs. digital asset comparisons!