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