Buying Power of Ethereum vs. Amgen at New 52-Week High
By CryptocurrenciesChannel Staff, 5/28/2023
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 5/28/2023, Ethereum ($ETH) can buy you the most
amount of Amgen shares, in the past year. For example, if you had 1 Ethereum coin and wished to buy shares of AMGN with the proceeds, you would now be able to buy 8.54 shares of AMGN. That's versus a low amount of 3.83 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 Amgen shares, relative to the performance of Ethereum; and here's how the two compare over the past year on a total return basis:
Check out our Ethereum historical price chart
and Amgen vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the AMGN returns.
Be sure to follow us at CryptocurrenciesChannel.com
for more interesting stock market vs. digital asset comparisons!