How does CannabisCoin Profit Calculator Works?
This CannabisCoin Profit Calculator uses a simple mathematical principal to calculate the ROI of CannabisCoin. It fetches the historical CannabisCoin price from the database and compares with current CannabisCoin Price and calculate the profit or loss made on it.
It does this simple calculation get the amount CannabisCoin you would have got by investing x$'s on that day ($x/price of CannabisCoin). Now it calculates the current price of that amount in USD (current CannabisCoin price * amount of CannabisCoin 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_CANN_price = Price of CANN in past date;
$quantity_CANN = Quantity of CANN in past = $amount invested / $price_on_that_day;
$price_CANN = Current price of CANN;
$USD_today = ($price_CANN * $quantity_CANN) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of CannabisCoin you can check it here: CannabisCoin Price Prediction. This predictions are based on various algorithms applied on the historical price of the CannabisCoin.
If you have any query regarding the above calculator you can comment it in comment box below.