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