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