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