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