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