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