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