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