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