eLTC Profit Calculator or you can say eLTC ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in eLTC (ELTC2) in past. This helps you measure the return on investment (ROI) of eLTC (ELTC2) .
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This eLTC Profit Calculator uses a simple mathematical principal to calculate the ROI of eLTC. It fetches the historical eLTC price from the database and compares with current eLTC Price and calculate the profit or loss made on it.
It does this simple calculation get the amount eLTC you would have got by investing x$'s on that day ($x/price of eLTC). Now it calculates the current price of that amount in USD (current eLTC price * amount of eLTC 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_ELTC2_price = Price of ELTC2 in past date;
$quantity_ELTC2 = Quantity of ELTC2 in past = $amount invested / $price_on_that_day;
$price_ELTC2 = Current price of ELTC2;
$USD_today = ($price_ELTC2 * $quantity_ELTC2) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of eLTC you can check it here: eLTC Price Prediction. This predictions are based on various algorithms applied on the historical price of the eLTC.
If you have any query regarding the above calculator you can comment it in comment box below.
