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