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