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