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Cardano vs. ON Semiconductor: Price Relationship Crosses Threshold
By Market News Video Staff, Friday, October 7, 9:31 AM ET
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 10/7/2022, Cardano ($ADA) can buy you the least amount of ON Semiconductor shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of ON with the proceeds, you would only be able to buy 0.61 share of ON. That's versus a high amount of 5.22 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 ON Semiconductor shares, relative to the performance of Cardano; and here's how the two compare over the past year on a total return basis:
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
This Article's Word Cloud:CardanoCheckCryptoCryptocurrenciesChannelHereNoteSemiconductorThatableaboveadditionalamountassetassetsbasisbeencalculatechartchartedchartscoinscomparecomparisonscoursedigitaldividendsdriverexamplefindfollowherehighhistoricalincludedinterestingleastlooksmainmarketmonthsmoreoverpastperformancesharesstockthatvariousversusyear
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