Ethereum vs. IBM: Price Relationship Crosses Threshold
By CryptocurrenciesChannel Staff, 9/16/2024
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 9/16/2024, Ethereum ($ETH) can buy you the
least amount of IBM shares, in the past year. For example, if you had 1 Ethereum coin and wished to buy shares of IBM with the proceeds, you would only be able to buy 10.63 shares of IBM. That's versus a high amount of 23.09 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 IBM 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
IBM vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the IBM returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!