How does Einsteinium Profit Calculator Works?
This Einsteinium Profit Calculator uses a simple mathematical principal to calculate the ROI of Einsteinium. It fetches the historical Einsteinium price from the database and compares with current Einsteinium Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Einsteinium you would have got by investing x$'s on that day ($x/price of Einsteinium). Now it calculates the current price of that amount in USD (current Einsteinium price * amount of Einsteinium 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_EMC2_price = Price of EMC2 in past date;
$quantity_EMC2 = Quantity of EMC2 in past = $amount invested / $price_on_that_day;
$price_EMC2 = Current price of EMC2;
$USD_today = ($price_EMC2 * $quantity_EMC2) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Einsteinium you can check it here: Einsteinium Price Prediction. This predictions are based on various algorithms applied on the historical price of the Einsteinium.
If you have any query regarding the above calculator you can comment it in comment box below.