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