ALAX Profit Calculator or you can say ALAX ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in ALAX (ALX) in past. This helps you measure the return on investment (ROI) of ALAX (ALX) .
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This ALAX Profit Calculator uses a simple mathematical principal to calculate the ROI of ALAX. It fetches the historical ALAX price from the database and compares with current ALAX Price and calculate the profit or loss made on it.
It does this simple calculation get the amount ALAX you would have got by investing x$'s on that day ($x/price of ALAX). Now it calculates the current price of that amount in USD (current ALAX price * amount of ALAX purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_ALX_price = Price of ALX in past date;
$quantity_ALX = Quantity of ALX in past = $amount invested / $price_on_that_day;
$price_ALX = Current price of ALX;
$USD_today = ($price_ALX * $quantity_ALX) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of ALAX you can check it here: ALAX Price Prediction. This predictions are based on various algorithms applied on the historical price of the ALAX.
If you have any query regarding the above calculator you can comment it in comment box below.
