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