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