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