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