Market News Video

Bitcoin vs. Advance Auto Parts: Price Relationship Crosses Threshold

By Market News Video Staff, Wednesday, July 6, 10:09 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 7/6/2022, Bitcoin ($BTC) can buy you the least amount of Advance Auto Parts shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of AAP with the proceeds, you would only be able to buy 109.52 shares of AAP. That's versus a high amount of 296.60 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:

Advance Auto Parts Shares In Bitcoin

The main driver of the above bar chart has, of course, been the performance of Advance Auto Parts shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:

AAP Returns Vs. Bitcoin

Check out our Bitcoin historical price chart and Advance Auto Parts vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the AAP returns.

Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!


This Article's Word Cloud:   Advance   Auto   Bitcoin   Check   Crypto   CryptocurrenciesChannel   Here   Note   Parts   That   able   above   additional   amount   asset   assets   basis   been   calculate   chart   charted   charts   coin   compare   comparisons   course   digital   dividends   driver   example   find   follow   here   high   historical   included   interesting   least   looks   main   market   over   past   performance   shares   stock   that   various   versus   year
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