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