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